Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
To the moderators: why have you not deleted a post that indicated that the poster 'hopes flippers die'. You people are incredible to think that as a long you have a god given right to be the only people to trade a stock.
Good morning board, potential for exciting times ahead, so on the fringe just for now. GLTYA
Alpacar, Asia took a real drubbing today so maybe it will be a down day across the board but stranger things have happened. I will be happy with an even close. GLTY
Asia took a real drubbing today, I don't see any reason for thinking monday is going to be bright anywhere as all our indices will also probably react to the session over there. JMO
Drift, I never stated that I PLACED a stop loss with my broker, the stop losses should automatically be in your head which ever index you're dealing on. I take your point about the percentages, I'll change it to 25%+ but it still doesn't change the fact that XKEM is not delivering and people are holding due to emotion and that's what kicked my a$$ last year.
pigfarmer5: There's people on this board who think 'flippers' are pariahs and 'true longs' are the incarnate, well I sold my 10 bucks worth on wednesday for a 15% loss. I then ploughed the money immediately into something else until yesterday for a 60% gain. I contemplated buying 30% more shares of xkem again for the same price that I sold them at on wednesday, but didn't. I'm expecting the pps to fall further until just before the 10KSB. If this is such a gift as everyone is touting I will still be able to get in on the momo and make an extra 10 bucks myself.
GNTA taught me a valuable lesson last year, have a stop loss and stick to it because if you don't you could end up having your a$$ handed to you on a plate. Anybody holding a 100/200% loss needs to wise up in my opinion. I truly hope this thing starts to rocknroll so everyone can get out ahead. GLTYA
Have emailed IR again for the details and still waiting.
It's probably investors who believe, that after news of yet another extension, we will revisit the mid teens (or worse) again.
Good morning transam, here's hoping for an improvement on february.
sbc357/scmfinance: I still think money can be made here, maybe follow the next run up and see what happens. GLTY.
Further to my last post, Cornell Partners were investigated for stock manipulation in June 2004. I have had a look at 2 stocks that I used to be interested in before (HDY/ISON), and that are in the Cornell portfolio, and I'm going to tread carefully. JMO
DCBASS: I don't think anyone is saying that the products don't exist it's just that the management have been caught/exposed/found out, for some kind of under handed/illegal/incompetent action and the SEC want to get to the bottom of it. It doesn't take the brains of a member of mensa to work out that all is not well and the SEC aren't happy with CKYS.
For the record, I left my 10 bucks worth in and hoping for miracle.
I don't think this will be good news for the pps in the immediate future. I'm not trying to incite tension but I am sure I've read somewhere of someone complaining about Cornell's stock manipulation but my memeory these days is atrocious. I'll try and dig something out.
So that means the pps must be $5 not $1 then???
Yes I think the china news pulled everything down today.
Technically I'm a bagholder now (lol) but feeling very good about metals in general after hearing Greenspan and Bernanke warning of a possible recession possibly end of 2007/beginning 2008. CNBC had a couple of gold bulls on just before xmas and they were expecting stellar performances from the spot precious metal prices over the next 2-3 years. GLTY
I've been trying to find out for some time (but no joy) if there is a time limit on companies that get delisted from the Nasdaq and then don't relist within a given time. In short, is it still possible that as XKEM was once listed on the nasdaq it can still be relisted without any problem/penalty. It would mean that once $1 was reached and traded at or above that level for 'X' number of days it would automatically be listed on the Nasdaq after Nasdaq approval.
Anyone have an answer?
Hinch, sorry but we had a bit of a flap on and so I didn't get to finish my last post to you.
Thanks for that piece of news but I don't believe that it was a PR from XKEM. As far as I was aware it was another excellent piece of DD by a member of the board and was it not for the 'sherlocks' amongst us who repeatedly dig up great bits of info that can be confirmed, I'm sure many would have already sold instead of playing a waiting game.
Hinch: Thank you.
greenhornet, I think you've hit the proverbial right on the head. IMO this company is conserving every bit of cash that it has in order to continue its daily workload and PR's that may have an impact on the pps are way down the list of priorities.
Foxwood: Thank you for suggesting this one a while back, I took a small position yesterday about midday. Volume looking good and looking for a breakout into the 'thirties' before committing more. GLTY.
Teeroy, I would be surprised if there wasn't a run up to the launch in summer and then a further pps increase as the revenues start headlining in subsequent QSB filings, Certainly the EOY filing should be pretty impressive. (IMO)
Drift:- Sounds good to me, hope it comes to fruition.
Bull, I've only got 10 bucks worth myself so I won't be able to retire this year, but it would be nice to see a substantial pps increase to vindicate my choice of stock and put me on that road. GLTY
fast, whatever.. it was a reply to bull.
Whether xkem flies to heights unimagined or wallows in the same price range, I for one will not be in xkem 1 year from now. GLTY
Presumably as they designated the 24th as a material date previously, they would have to at laest inform investors WTF was happening, either way. If I understand it correctly.
I understand that the 10K will not be out until end of march beginning of April but what if the 8K coming out in the next 4 working days does not finalise the loan issue?
Jeff, in the pr release after trading recommenced JP said that they would continue to aid the SEC, by that very statement it must mean the investigation is ongoing in the background, if I understand it correctly.
I am a shareholder who was completely blindsided by the suspension, however I can't believe anyone is buying at this time due to circumstances beyond our control. Nobody, not even JP knows what the SEC is going to do, all the B/S posted over the last 3 weeks is just speculation and rumour and until we have a positive material impact in some way, it is completely foolhardy at best to get involved.
99.9% of SEC suspensions happen for bad reasons and the SEC extension of their investigation does not bode well IMO.
For the record I will sell at the first opportunity to get out evenly. (should that event ever occur) I will never say never but a leopard never changes its spots and for the foreseeable future CKYS is not for me. GLTYA
Question:- If there is another extension what are the odds of the meaty news (loans) being delayed until the 10KSB is promulgated, to offset any disappointment that may arise from what could be perceived as 'average' revenues.
I have emailed IR at ARGA for details of their current share structure and the names of their IR firm, the names of their Accountants and the names of their Transfer Agents as of Friday 23 February 2007 and I am awaiting a reply. I also asked about A/F's timetable (if there was one)
The one item that worried me was the lack of daily liquidity, but that seems to have improved dramatically over the last month or so. IMO I would be wary of volume dropping off to previous levels as blocks of shares being sold would seriously impact the PPS.
I'm trying to find out about the current management and see what they are made of.
Just started the board after reading that subscriptions for the month of January 07 have increased 324% on January 06 subscriptions. I will post O/S and A/S as soon as I can. PPS is up 150% in February so caution is probably advised if anyone is thinking of trading it.
Anyone already in it please advise!
Until I've completed some DD I'm on the side lines. GLTYA
FAST, I'm sure Matt was talking about Business hours or at least a couple of hours either side of that time frame. At 2am in the morning when there are virtually zero posts and the subject being about trading/investment and not how many kittens is my cat having is not worthy of a TOU/TOS etc.
However feel free to chastise me unreservedly but have the decency to address me directly and (I tell you what, forget it.)
Go make sure all the cracks in the pavement are in line.
Kudos to all for the DD, one of the best boards I've been on. I'm hoping the results produced by the board are equalled by the company soon. GLTYA
Mauroe, Many thanks for your time. GLTY
Yes but don't forget that she probably bought her shares for considerably less than the current pps (she has the right to purchase a further 15M common shares at 1 cent according to the Feb 06 filing) so anything above that price is profit. Welcome to the world of chassman, business woman first, pps worrier second. GLTY
I emailed investor relations with that very idea when tasr released the personal tasr a while ago. I received no reply and didn't follow it up!
Building Equity, I don't believe a single word that anyone says unless I can confirm it for myself. I have already been into the link kindly provided by Raven I then followed the page down as you so elequently pointed out and clicked on that 2nd link and there is sweet FA on that page about xkem that I can see.
The 2nd link half way down the page does show wording to the effect that Ireti started to say something about production but obviously on opening the link I can't verify what the entire content was. If you can please feel free to post the link yourself.
By the way I don't need you to point out any suggestions as to the way I need to confrim anything.
Transam, have been onto the nigeria guardian website and have had no luck locating the story you and Raven allude to.
Do you have a link as I'd like to read the whole article
MTIA
Power, at the end of the day she is here to make money and I can't blame her for that however now that I'm more aware of her involvement I would expect her to sell into any run up, as she has done in xkem. I need to do a little more dd and find out at what price she bought in at? GLTY