XTRM --DD package - Technical & Fundamental analysis
It's been weeks of bizarre accumulation and it's high time we give credence to the significant move being made here at XTRM both with the company and with the price per share. Initial call .0014...
POTENTIAL REASONS FOR MOVE :
It's no secret- I'm the lone brave mod - who has been trying to rework the Ibox (I will be redoing more of it this weekend) among just a hand on this forum. The few who don't have good sentiments have shown complete respect for Us few still here supporting and fighting the good fight and for that I'm grateful .
Despite my constant pleas that the decision to hire these two top of the line consultants as BOD/employees was a brilliant move to turn this excellent SS shell around, many have written this company off since Late June 2015 because CEO Joe rarely followed through....ever. The PPs dropped considerably and trended lower and lower on low and sometimes no volume. Liquidity became an issue here and the forum became vacant.
This company was always trading around .005-.006 PPs. Now- it's trading with no vol at .0012-.0015.
HOWVER, the notion that nothing was going on that would be deemed Germaine and consistent with the press releases was actually the real fallacy here. Three months later, trading with strength and breaking .002 for the first time in weeks - XTRM released a brand new updated website, with all of their brand new products and with full functionality. Further, something very intriguing has been going on on the bid side for the past 5 sessions.
HUGE BIDS (today it was 2 mil and 1.5mil) were put on the bid at .0021 and .002. The asks from .0022 to .0039 were taken out. Of course, too much of a good thing always causes a party pooper like MAXM who tried to acquire shares by pressing first 35 then 33 and finally 29 on the box.
Regardless of that intraday minor situation - This move today was incredible. Tremendous buy volume - with millions still on the bid from .002-.0024 using Puma, Nite and CSTI ---jockeying for shares.
The games played between the clear orchestrating maker- Puma- and the other makers on the box was the buy alert signal I look for when finding one ready to reverse hard. Now look at our girl Extreme all grown up!
Just a few weeks ago at 13/14 - I started noticing that all the shares on the ask were being swallowed up - somewhat inconspicuously. I was trying to time the bottom reversal but did t want to miss and jumped on 14 and grabbed 13. Since that point, every other day, we see 3-11 mil in volume and a huge green candle moving us to the next level.
THE CHART has so much room to run right back to .005-.006's. The showdown at .0035 with MXMN crushing the mega run today was just a game that it appeared PUMA- with millions of shares could give easily cleaned them out. Patience is a virtue. No one hit the bid accept one time for a MM emergency.
At one point - this was so clear until .0045 and .0051. The best news- this does not need Ihub at all in the silent. I enjoy taking to just a few of you - giving you my feedback since my first post here at .0014. I also enjoy the banter about our CEO - who just can't keep his shit together and just when you thought he was done- he gets saved by two tremendous value added Hires.
It's been a ton of intrigue and the icing on the cake was the complete overhaul of the XTRM website makin fit functional and revenue generating. Extreme Biodiesel, needed to move in a different direction as Joe Spadafore was struggling to keep this company on any real timeline.
The significant employee/BOD hires into XTRM management from June-Aug 2015- have allowed for this organic move northward on continued verifications and validairons that the website became fully functional and the Biomass product offered,
Do your DD and see the natural and organic move this is making. The SS is still very very attractive with a o/s of and a float of
XTRM appears to be buying back every share they can or some large group is doing it. The result will be a drastic correction in pps northward, Target here is .005-.006's and then decision form there based on fundamentals,
The technicals all scream BUY. It's just entering the RSI hot zone and it looks like it's going to move on a huge candle with the break of ma50 and ma200 on the horizon.
Expect a few short games next week but when they see the volume of bids and the move by puma to box the play here- this can get very very exciting,
