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4.3 million
Bigdaddy you stated once that you liked to gamble but you are also a man with vision. You have really hung in there over the last several months. You along with several of us longs are about 99.9% sure that "we have a winner here" - (that is one statement of Steve Burg's that I agree with). We will be rewarded for our patience.
Guess my crystal ball was correct this time. I posted yesterday that it said we would have news and that I hoped that it was correct.
Out of the last 18 sells 15 was 5000 share sells. How obvious can you be??
All I know is that 5-HMF is going to rack in the bucks from the U.S. and Europe for xkem in a few years. In the meantime xkem shortly is going to rack in the bucks with Nicosan from Nigeria and the rest of Africa. This doesn't include any other drugs they have in the pipeline. With any kind of patience a lot of people are going to get rich in this one.
Big that is true, mm's make money on volume up or down. If you have been watching L2 today though you will have to admit that they have tried to manipulate this stock up. Just had trouble getting buyers. I really think they are in the mood to run this stock and they will when they get the right ammunition. There will be a lot of unhappy campers who have sold over thelast few days.
Liquid just curious why do you insist on using all caps? You would think thay by now you would know better.
Pat I was just looking at my crystal ball and it said news coming sometime today or tomorrow. Time will tell. Sure hope that crystal ball is right this time.
I agree. The MM's already have the advantage. Why give them more ammunition to work with?
As far as I am concerned, I have searched and searched for a reason not to own this stock for the last 4 months (long term that is) and have yet to find a reason not to own it.( and I know I am not the only Long that has done this ) The only thing that concerned me 4 months ago and today is that it just seems to good to be true. The upside versus the downside is so great that I almost feel like I am playing with loaded dice here. If anybody can give me any DD to prove me wrong go for it.
Insure several of us can beat that average, but I would not be concerned if I was you. In my opinion you have a winner. This is about as sure a thing as you can get in the pennies.
Post from RB ----
All I know guys and gals is that I agree with a fellow investor of mine that has been in this stock for 5 years. If you are on the sidelines now waiting to get in, you best jump in now because when the powers that be (notice all the big block buys over the last several days)lets this thing go, it might just be very hard to catch at a decent price. Glad I have already bought my millions of shares.
Anybody who has done any dd at all on this company and is not in yet has got to be nuts if they are not getting in now at these prices!!!!!!!!! Whoever is buying those big blocks this morning I am sure would tell you the same thing.
Bigdaddy, I think of you as an intelligent person who likes to gamble a little. You are good at doing dd, but are not near as experienced as a lot of these penny players or you would have made more of a killing just recently. I do think that your gambling instinct will pay off big time this time around. Xkem is going to retire a lot of people if they so desire.
Bigdaddy still say you have helped several here. Just hang in there and keep on keeping on.
Thanks for your post Media, I am mostly a long (for now), but anytime I see a post by you, I read it. Best of luck in your trading. I know that you are an experienced trader, but a little good luck in this business doesn't hurt.
drifter you can count me in for over 4 million long
Smart on your part drift. Here is an example of why. Say you was the one that sold the 500,000 this morning at .0425 and say you bought back at .039 for a profit of $1750. Deduct 30% for short term profit and broker fees = $1225 actual profit. Now say this thing took off and you couldn't catch it until you loss 100,000 of your 500,000 shares and later this goes to a dollar - your loss $100,000 - 15% long term profit tax for a total of $85,000. Potential profit small potential loss huge
Whats with all the 5000 sells?
pfrenz I know the feeling. The bid sit at .042 forever it seemed with only small sells going thru. I guess whoever placed the 500,000 sell figured that would almost assurely push the price down and they could get back in cheaper. What is your take on that? To me you seem to have a pretty good handle on things without all the BS of some of the other so called experts.
Pfrenz are you the one that did that 500,000 sale at .042 earlier? If you did that was a good call.
3454 have you ever thought that maybe just maybe xkem is keeping a low profile for a reason. For example do you think the big pharmas want them to succeed. We are talking about a whole new movement in health care here away from the use of harsh drugs with severe side effects. If they can get this movement off the ground it is going to hit the big boy,s pockets hard. Maybe they need to get in a better position before the big boys with deep pockets starts coming after them with every trick in the book. PR,s twice a week is going to generate a lot of attention. Hopefully one of these days we will all understand why the company has been so quite.
I can identify with you drifter. I kept thinking that surely this is as low as it is going to go. Then it got so low that I could not bring myself to sell except for the few I tried to flip unsuccessfully. At the time I was expecting news and didn't want to be out of them overnight. I guess that is why they say that if you trade pennies correctly (by taking profits fairly quickly), you will never get rich but you will make money. If I continue to trade pennies that is probably the way I will do it, but not with xkem. I still say that this stock will retire us.
gwikley if it will make you feel anybetter, I am a long with over 4 million shares. I watched everybody flipping and making money, so I thought hmmmmmmmm, maybe I can do that. I tried it several times with a couple hundred thousand shares and everytime I lost. I must be getting better thou. The last time I tried it on 50,000 shares. I sold it and was able to buy it back for the same money. Did make the broker happy I guess.
I agree with you Bob. We are in a winner here, but it will take a little while to realize the big money.