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That was me Pfrenz, but not this many shares I don't think.
$8.2M non-dilutive loan has been finalzied and will be PR'd soon. Look at their filings if you care to know the truth. Also, tehy are working with NEXIM bank as we speak to get additional financing. Possibly a deal in teh works with deap pockets for JV.
later
BigD
Guys, I think SOMETHING HUGE is going on here. What is QUIN doing with all of these shares? They are always first on the bid. Looks to me like they are buying all they can here. For who? Could be BIG PHARMA/ Guys, any thoughts on this?
QUIN might be doing more than just short covering here. They are buying way too many shares. Not a rumor here, but looks like someone is loading up BIG TIME. Maybe Nigerian government or one of the BIG Pharmas. What do you all think?
later
BigD
Damn it Oil, you outdid me again. I got 650K yesterday at $0.053.
Nice buy buddy. I think XKEM management is all over this. I think they are going to spread out these PR's perfectly. Keep us in the news. I think the financing PR will follow very soon. I can't wait for Steve to get back, so we know what the hell is going on.
later
BigD
Agreed, we may have a record volume day today. I think the MM's just screwed a lot of people out of their shares. The bashers were VERY effective and many will be kicking themselves here soon.
True longs were adding the past few days.
IMO
later
BigD
I believe QUIN is short covering today. I watched them unload millions of shares in the $0.09 to $0.115 range last week.
JMO
later
BigD
Hey guys, I tried not to watch that mess this morning. I am back watching now. I hope everyone's heart is still in tact.
Lets have a great day here, and make up what we lost the past few days.
Well, another tough day today. I think the profit taking slowed down, and the MM manipulation picked up. I did my part today and bought another 650K shares. I am now over 20M shares. I cannot add much more, but will be holding for a long time to come here.
I think that the MM's smell the fear, and are taking full advantage of it. THE WORST IS NOW OVER. Anyone selling in the $0.04's is bascially selling near the bottom IMO. The fundamentals of this company have never been better. Heavy profit taking last week lead to MM manipulation, which lead to panic selling, which lead to more MM manipulation, and further panic selling. There is no doubt in my mind that EMOTIONAL actions have big time oversold this stock right now.
I am not selling, and am not scared. I am not happy either. I believe that the negative momentum right now is not warented, and many will be kicking themselves very soon. I hope we get a good PR tomorrow, to kick things off, but even we do not, this will bottom out here soon enough, and we will begin to move in the other direction. Those that have sold will chase it up, and we will move fast.
Do not be the fool that sells the bottom.
later
BigD
I don't post on HSM. Never even been there to see what it looks like. And, I was told a PR was coming Thursday. I don't know what hapenned. I own a boat load here, and on papaer, have lost my azz the past few days. I am hodling and adding, as I believe that the fundamentals here do not justify the way the stock is trading right now. I hope tomorrow we get the PR we were promiced, and we begin to move up.
later
BigD
Thanks for you concern and input. Good luck to you with the whole $0.03 thing.
Good call.
Max, I am adding 350K more at the close. Then I am done for the next few days.
later
BigD
I finaly got filled. I think it is getting ready to begin the next leg up here. Rally time this afternoon. Someone get the monkey out, and keep it out for tomorrow as well.
later
BigD
Bid is in at $0.0539, and nothing. 500K still left to go.
You better get then now buddy. This is a chance for you to make back all of the cash you have lost over the years. I know losers like you. Bitter about everything in life, because you havne't been successful at anything. If I was a tool liek you, I might bash too.
Not too late to turn your pathetic little life around. Maybe begin to feel happy and positive for once. Be a part of a winner.
Thanks for your input Chaarlie. You are realy an asset to this board.
Common guys, their is so much going with this company, and will be for weeks to come here. They will be in the news like no other OTC company. Use this dip as an opportunity to add to your position. Following the next few PR's, we will not be anywhere near these levels.
Date Ref. No. Fill Quantity Fill Price Fill Amount($)
Jul 10, 2006 12929057 150 0.053 7.95
Jul 10, 2006 12929057 151000 0.053 8003.00
Total: 151150 8010.95
You belive they filled a 150 share piece?
Alright, I have finaly got 151K, 500K left to go.
TOTAL BS FROM MM'S RIGHT NOW
I have had a buy order with a bid in higher than the ask for 20 minutes now, they are not filling a single share. 650K shares. Not one. BS at its finest.
Unless they anounce the details of a deal with the Nigerian government, and want to give their buddies one more chanec to load up. They did it last time before the HUGE run up. They held the PR for a week and half, as they loaded up on shares prior to the run.
JMO, but very possible.
later
BigD
I have picked up 500K so far today, and will get 500K more right at the close. I will contribute to a string close, and a rally tomorrow.
I fully expect the following;
1) Details of the launch
2) Details on current capacity with existing factory
3) High level estimate of potential revenues
4) Who the first 100,000 wil be
5) Some kind of deal with Nigerian government - how the cost of the drugs will be covered
6) Update on expansion of factory
7) Status of financing $8.2M loan - I would prefer they PR this next week
I believe that this next PR will begin to create some hype. I don't think it will be an information only PR. They are proud of what they have accomplished, and will begin to let North America know what is going on.
JMO
later
BigD
Guys, this trading is GREAT for us. Profit taking and consolidation taking place at these levels. We begin to move up this afternoon, and start the next leg up tomorrow morning.
If we had held the levels we were at going into this next PR, we still would have corrected. View this as a buying opportunity. The GREAT future of this company will become a lot clearer after this next series of PR's. And, I belive that many investors sitting on the side lines will move and fast.
I STILL CAN'T BELIVE I GOT MORE UNDER $0.05 TODAY. WOW.
I will remain quiet today, as I am adding to my position at these levels. We can all wait until tomorrow to find out. This PR was supposed to come last week Thrsday and was delayed due to further developements.
To those selling now, CONGRATS for selling at the bottom. Always a good idea.
Those selling now are being screwed by the MM's. They are covering their short positions and loading up for the run later this week. Sellers right now are morons IMO.
Don't worry, quick bounce back up, and green from there on.
later
BigD
Do we need any more proff that they have been producing this stuff for months now? Folks, this is stock piled and ready to go. Revenues and cash flows will be significant and immediate. PR campaign will be HUGE. Pandey will be everywhere talking about this when he gets back. Just a little more time now. They will be back from Nigeria this week. Many PR's to follow here.
later
BigD
OK, we will look at that and ignore the fact that they just got approval for a drug they have worked on for years, and have a factory ready to produce it and a market that can't wait to get it. THEY ARE BROKE, BUT CASH FLOWS ARE STARTING THIS QUARTER. Oh, but you you probably don't care what this comapny even does.
Thanks for the responce. Unfortunately our investment styles are different. I have accumulated a very large position here over several months. I am truly long. I don't care what happens in the short term to teh pps. I continue to verify the fundamentals I believe to be true every day based on my DD. As long as these don't change, I will be here with no reason to sell.
As for investors that buy a stock, and don't know or care what the company does, that is why 95% of people in pennyland end up broke.
like what? Launch was Thrsday.
I agree 1000%. The pps will recover on its own and fast because many new investors are finding out about the company every day now. Many are accumulating good positions as we speak. Those who sold still belive XKEM is a great long term play, and are looking to get back in. If you combine that with an end to the profit taking, and some short coverings, the PPS can only go one way from here IMO.
Look at PTSC as an example. A good company will atract good investors. No need to issue PR's every day to keep people invested. People tend to find the value for themselves. You think that it is a bunch of flippers and traders that have held the PTSC pps as high as it is for so long?
I think the news will come, and will be great. We need to show some patience here.
I agree, but why are we only giving them 1 day to do it? I want the news too, but, I am not going to sell, if it is a couple of days from now. They launch teh durg on Thursday. We know all teh execs are in Nigeria gettiung this all started, and we are whining for not getting a PR. I agree we need one, but why so little patience?
But Rich, has this comapny not been delivering on EVERYTHING in recent times? They have been so careful to run a clean ship here as they transition to becoming a real company. I understand what you are saying. I have not been burned, so I din't know what you mean about that. But, I turst in my DD. I also am new to pennyland. I have searched hundreds of comapnies since I got here 6 months ago. I have not found any, not a single one, that I would consider moving cash out of XKEM and into, for the long run. 99% of what I have looked at is clear BS, yet most put money into them. Them many wonder why they get burned.
I keep trying to fugure out why so much cash flows into and out of USXP every day. 95% of traders go bust. This is because they do not do GREAT DD. Good just isn't going to cut it in this world. I am not saying that GREAT DD = 100% success, but you will end up with way more winners than losers.
later
BigD
Agreed. Just as long as you don't trade the ong term position, you are a winner.
later
BigD
Why? Because the only money flowing in here is "traders". I think many new "invetors" are making their way in at these levels. Do you not believe that the approval and launch late last week has brought any "real" investors on board?
pfrenz, I know we are on the same side
I just don't understand the frustration by some longs.
"Surely the company has done nothing the past several days to give the MM's any incentive..."
IT HAS ONLY BEEN 1 BUSINESS DAY SINCE THE LAUNCH. WE ARE WE ALL OVER THEM LIKE THIS?
Why are we longs concerned about every short term move in PPS, when we know what we own here?
later bud
BigD
I know watching the pps go down was not fun, but Friday, the pps was recovering quite nicely prior to the day trader and flipper sell off.
I think we will be back on track here tomorrow. Then the chase will be on to get back in. Why? Because THE FUNDAMENTALS ARE BETTER THAN EVER FOR XKEM. THOSE WHO SOLD, SOLD NOT BECAUSE THEY DON'T LIKE THE COMPANY, THEY SOLD BECAUSE THEY DID NOT WANT TO RIDE DOWN THE RETRACE DUE TO PROFIT TAKING. They are all looking to get back in now. I have received dozens of e-mails and PM over the past few days, telling me exactly this.
later
BigD
dod = did