Contemplating my business/loan disasters of last year.1@
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Flippers bought into this stock on the slight run this had last week... and flippers sold into news (whether fluff news or not... they sell into news)... That's what flippers do... That's why I sorta like the spread right now, it gets rid of flippers buying back in and re-flipping over and over... They're gone, good for us longs... I'm still in this, and I'm willing to gamble.
I see it as a good thing that we got fluff news today, it seperates the longs from the flippers.
Wow, guess that PR wasn't what a lot of flippers were expecting... sad to see the stock plummet like this, but oh well... guess I'll be loading up big at .005 if it gets there.
No wonder your posts got deleted... you come up with these inane conclusions and waste everyones time... Sell off your shares to me... I'll give you a hell of a lot more than .0001 for your shares...
What are you talking about dude?... Isn't that what reverse splits are for? I think we'll all be very happy in a month when the price of this stock is hovering around $20/share... just don't look at how many shares/share you own at that point...
Also there are other ways to reset the price to $15... selling crack/cocaine on the side works as well.
I'm just a little frustrated, I was expecting the price of this stock to head south today so that I could buy more shares, and I'm not making any headway on that... My only hope is that chassman continues to dilute so that I can increase my position to a million.
You are infact dumb as a post aren't you? They're not diluting, they can't control chassman dumping her restricted shares into the float... Sell your god damn shares already... I've got a 200k buy order in at the bid just incase one of you monkeys decides to hurl your shares back into the float.
mad, you're a paying member ... just put investor on ignore already... I had to put someone I really disliked on unignore to make room for Investor... and for me to replace someone on ignore would mean I really absolutely have to despise the person...
Lol... is CSHD at $15 yet?... Don't worry though, after it goes down to .001, they're going to certainly reset the price to $15... 15000 for 1 r/s... And there, you're home free, and the float will be pretty low too... Now go back to your own board.
Yep, looking good... I think we're headed back toward the high 2's and following that low 3's short term... we might even close at .03 on friday.
I think us longs will do fine, the pps seems to be pretty levelled at the .04's... On news, we should see a decent enough run.
You mean, they're finally thinking of letting this run?.. is this a signal that the old lady has finished her share dumping? or put it on hold?
Pure Manipulation going on, I have had a buy order in at .0004, and nothing yet... no bites.
Keep in mind that this wasn't an informational PR as much as it was a "keep your pants on people, we'll issue a proper PR soon enough" PR...
Why do you assume there won't be another PR soon specifying the things that you're looking for? Just wait, yea the pps is tanking, and we have reasons for that right? Let's just ride it out for now, or just sell.. Sell tomorrow, hope it goes down more, and buy.. or be done with this stock altogether... its your money, and its your call. They are still in their early stages of production, let them do their job without you hassling them for the numbers. Are you a flipper or are you long on this?... If you're long, trust that this company will make it... or if you are just looking for a safe exit, then wait I guess... either that, or short this stock now, and buy in a week or so. You have a lot of options, and it is your money.
Well, today was disappointing... but hey, when this is all said and done, we'll be at $15/share... so whats the difference if it goes to .04 or even .004 tomorrow... the price will be reset... much like an undo button after a mistake has been made... I'm long on this one, to all the folks daytrading this, I feel sorry for you... you're going to have to flip for a loss.
Ransoft,
I don't have a problem with you stating your opinion... By all means, say what you want, and you should do what you want... The price plummeting is a concern to everyone, but I'd like to just state a few things.
What did you take from today's PR? It wasn't supposed to be news, it was just a way of addressing *most* of the issues that people obviously had.
You're in a stock that has wild swings, get over it, you know what you signed up for.
Now, while I don't have a problem with you stating your opinion, most of your posts appear to be bashful. My reasons for saying so are simply that your posts appear to be very slanted.
"All I'm saying is that it is not too far out of the picture for them to consider and possibly do something that screws all of us, no matter what your position."
Same goes for any stock in the pinks right? You're basically calling this stock a CON on several fronts, you're basically saying that everyone has a huge chance to go broke on this one, and you're stating that all the info you've recieved from this company have basically been lies... oh but wait... you did state that you're "not bitter about where they are" and that you "do have a position."... Nice to know...
I don't mind sharing of opinions in the board, but you're just bringing bitterness and angst with you.
Hate to say it, but I HOPE "we're headed to the .01's."... I have 800k shares of this stock purchased at an average of .035, and if it goes to .01 or the teens, I will buy as many shares as I can get my hands on, that much is a guarantee... problem is, I don't see us going to .01, I see us hovering at .025 for a while, and possibly closing at HOD today... We knew that people were just itching to sell today at the open, its no shocker, I certainly didn't buy today because of that, but it was comforting to know that we lost quite a few flippers today. Then the bashers come in full force trying their hardest to bring this pps down, but their rantings do not affect the price of this stock one bit. They just flatter themselves into believing their opinion counts for anything.
By the way, why do you see this going to the .01's again? what market cap have you set for XKEM based on this PR?... Doing all my calculations on 2 billion share OS as well, and I see us getting to the low .03's short term... I don't see .01, don't have any idea why you're saying that... If you're going by InvestorTrend's prediction, then I have news for you... that idiot couldn't predict 7'oclock at 6:59...
"SHIT LOAD OF SELLING" and the price still maintains a green level... what does that tell you? Hope you still hold onto your shares... I'm happy holding mine...
A9 "There are approximately 4 million people in Nigeria aloneafflicted with Sickle Cell Disease, of whom we believe upwards of 50% live in urban or quasi-urban areas where average income levels are believed to be sufficiently high to absorb the retail cost of the product. Realistically, we believe we should be able to penetrate more than half of that segment of the market over a five year period, which would result in estimated annual revenues to Xechem Nigeria of approximately $200 million at today's prices And that is for Nigeria alone. Needless to say, down the road, we expect to generate additional revenues from sales of the product throughout Africa, not to mention India and the Middle East and, of course, Europe and the United States. Also, these figures do not take into account additional sales that may be possible to poorer segments of Nigerian society as part of a pre-purchase or other support program with the government of Nigeria."
From this we can clearly see that they "do not take into account additional sales that may be possible to poorer segments of Nigerian society as part of a pre-purchase or other support program with the government of Nigeria."
What that suggests to me is at a bare minimum, the projected earnings is roughly $200 mil/year in a 5 year period... Not only that, 200 mil/year is not a 200 mil market cap... Further more, InvestorTrend is a slack jawed yokel and a complete retard that can't do basic math. ".05 a year from now... ".. I tried to put this retard on ignore, but I'm on a free account... totally exhausted my ignores... I'm desperately trying to re-evaluate my ignore list...
Exactly!!! I thought the PR was obvious on that aspect... it doesn't matter that they'll make 5 mil this year or whatever, it matters on will they make enough to ensure a guaranteed loan... Answer is HELL YES... I expect loan news to be out soon.
That post I made wasn't to you, you lowlife... you're still spouting retarded statements on XKEM... Kindly shut your ugly face up... God you must be the biggest lowlife on the planet. On EVERY uptick today on XKEM you did nothing but shout .. "its gonna go down.. sell sell... " ugly wretched LOWLIFE. GLTY
No, it states annual forecast of 5 million in sales at the moment... that is per year.
Sell then, and get the hell lost! Does anyone believe this douche has any shares?
yep.. flipping time scarecrow... flip off!
No way... now they have rats from SLJB coming here and gnawing at this stock?... Don't get me going on SLJB ok? I can go over there and bash the hell out of it if you want, you piece of trash.
Are you retarded? 5 million per year is a 5 mil market cap according to you?.. Jeez, the selection of paid bashers have really gone down hill haven't they?... I'd like atleast once for a basher to have an IQ in the 30 and above range... IHDR, perm ignore...
Weren't you raining on EQBM's parade on every uptick it had last week?... Enough with the bs dude, you don't own any shares of this stock. If you do own shares, you might have just now bought in a bit for fear that it may infact be genuine... Anyhow, I'm willing to wait... infact it would be no skin off my back if it went back down to .005 and gave me another chance to reload.
If it goes to .005, I will buy a million shares without batting an eyelid... I regret not buying at .005 before...
I hope it eventually works out for us... I only have a small position in this stock, but 15 times that... err .. 17.2 times that is still a decent amount...
If this turns out to be a scam though like if Rufus just does a 1 for 20 r/s and says "look, I reduced the float and I lived up to my end of the bargain with each share being $15"... I will not be happy... Here's to $15 and higher.
Excuse me but, if he's a liar, then so am I... because I called up Steve today and he told me that the OS was 1.6 billion... If you think I'm lying, go call him yourself! It's easy, Steve sounds like a pretty down to earth guy.
"Question everything you read on this board folks...what is disclosed to the SEC and PR'd by XKEM is legit...everything else is rumor, speculation, or fiction..."
I couldn't agree more, that's why I called Steve myself to verify things that were posted here. I'm not a pumper, nor a basher, if you don't believe me, thats your option.
Well, I posted that message simply to let investor know that his bash attempts at XKEM were in poor taste... I shouldn't have stooped to his level, but I figured he would quickly see how foolish he is and stop the bs, since he's a lowlife he ofcourse didn't... Do yourself a favor and put investor on ignore, it'll save you a lot of heartache... Nothing useful comes out of his mouth, it is either a pump, or a bash... Mark my words, once he sells this stock, he will bash it to no end...
Look at what he did with XKEM... PUMPED and pumped it, once he sold, he bashed it... and when it stopped going down for a moment, he started yelling "FAKE WALL! IT'S going to fall"... when it upticked, he started yelling twice as loud and bashing twice as often. You really want a reject like this promoting your stock?...
Anyhow, my words against this company were meaningless, this company looks pretty good, if I wasn't completely invested in XKEM and BKMP, I'd throw some money here. GLTY..
UPDATE
My last post of the day, figured I'd make it count.
Just got off the phone with Steve Burg, and he gave me an update on what's currently happening (a lot of this is most likely not news, but please bear with me).
1) They are currently manufacturing and selling the drug.
2) The non-dilutive 8.2 million dollar loan is still in the works, almost there, but not yet.
3) He stated that the drop in pps is quite simply due to lack of information provided from them to the shareholders, and he stated they don't really have the funds to hire an IR firm at this point. He said that about the PR situation, he's still working on getting it out as soon as possible.
4) Chassman - He said he didn't have an idea if she was done selling her shares, but the OS right now is 1.6 billion, and he stated that since the AS is 2 billion, we obviously can't go above that... In my opinion, I have a feeling she may be close to done...
5) No reverse split even considered...
That's right, the OS right now is 1.6 billion, which means everyone who keeps harping on the market cap being under 30 mil and so on ... kindly do your calculations on 1.6 billion... I'm doing all my calculations on the figure 1.8 billion to be on the safe side...
Yeah, and no more of those 911 signals please... anyone ever stop to think that the 911 signal might be mm's signalling that a downward reversal trend might be in order?...
I hate to say it.. but we need the pumpers back on our side... god damn pumpers turned like zombies over to the dark side...
Yeah, I know, I've clearly lost it too... I own 800k shares of this stock now... I hope we see some kind of eod run today.. but if not, I'm going to have faith in the obvious thing that the pps will move big eventually.. just a matter of when... I should just not look at this stock anymore... look back once a week type of thing...
Yeah, but what were the buys like?... if someone wants this price to stay down to accumulate big, then surely someone should be buying big too right?
Anyone have any theories as to why we aren't going below this .0238 bid?... we've been stuck on that for a while, are the mm's planning on letting this mofo run finally?... Some thing is definitely up here, seems like buying pressure has decreased due to lack of interest... either that or everyone intending to buy has stacked up on the bid... I guess I'm a sucker for punishment.. just bought another 100k at the ask... If this goes down some more, well so be it...
Ah much better... The simple pleasures of the ignore button... can't be topped at this point...
Ah, another pump and dump scam... I remember when this stock was pumped and pumped a while back... lot of bagholders on this one...
Whats the OS again?.. 5.8 million after the 1 for 10 r/s issued 2006-01-09
I'm sure the OS will stay relatively intact, if it ever grows too big again, I'm sure another r/s will fix that.
Charts look pretty solid by the way... the MACD's looking foxy... I'm predicting this closes at the LOD today and declines further and further fast.
Probably a good idea not to buy anymore right now... I have 600k as well... I bought like a moron yesterday another 100k... but yea, the resistance was at .026, once we broke that, I had this really sick feeling in my stomach that we were going to head down to .02... I hope we dont' break that.
You sold didn't you?
I'll be buying then too... I've got enough shares and enough of a deficit already with this stock... if this goes to the mid teens as some people are predicting, well then I'll load up big then.