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Why end of week?
Ok, I appreciate your honesty. IMO why the price has gone down is:
* People have sold (obvious)
* XCOM doesn't have interest in regaining NASDAQ anymore
* No news on the Foxconn repayment
* No news from company about anything else
IMO...
* FACT: Everything above happened BEFORE insiders started buying shares on 10/11/2016
* No insider would buy shares if the company is going BK, that would be stupid.
* Selling the company, it's IP, assets, etc. is the best all around solution that also repays Foxconn.
I was involved in a high end lawsuit where we caught a company trying to damage itself in order to lower it's evaluation, so another company could afford and purchase them. We won the lawsuit for $3M.
I TRULY BELIEVE XCOM IS ABOUT TO SELL ITSELF.
"Can you explain why the price has been slashed in half over the past two weeks?"
Sure I can. But first answer my initial question to you:
"...why insiders would buy shares 2 weeks ago if the company was going BK??"
Can you explain to us why insiders would buy shares 2 weeks ago if the company was going BK??
HAON (positive news!) and XCOM (Insider BUYING 2 wks ago for sale?) Check them out!
HAON (positive news!) and XCOM (Insider BUYING 2 wks ago for sale?) Check them out!
HAON (positive news!) and XCOM (Insider BUYING 2 wks ago for sale?) Check them out!
HAON!! Positive news!!
HAON (positive news!) and XCOM (Insider BUYING 2 wks ago for sale?) Check them out!
HAON (positive news!) and XCOM (Insider BUYING 2 wks ago for sale?) Check them out!
Someone is trying to scare us to sell our XCOM shares ahead of the sale?
GOOD NEWS!! They are pushing forward!! :)
No BK. Why would insiders buy shares before BK? LOL.
*** XCOM INSIDERS BUYING OCT. 13, 2016 ***
Insiders are buying stock as described in the "P" code within each PDF file. They wouldn't do this if they were going BK, etc. They know something good is coming!! (i.e.: selling company?)
OTC Filings for XCOM - http://www.otcmarkets.com/stock/XCOM/filings
Have you noticed all the insider buying on Oct.13 ????
All five Form 4's have "P" codes for (P)urchases.
To me it's another hint they are going to sell the company. Also why they don't need to relist on NASDAQ.
http://www.otcmarkets.com/stock/XCOM/filings
Good luck!
And why would you tell us that?
I hear ya. Appreciate your honesty. :) I agree about EOY.
Not sure, but this will go up. Question is when. :)
It's valuation, not current share price. Learn about acquisitions.
Maybe, but I've been in the same exact position in the past with a company I worked for. So many similarities.
You don't think XCOM would just fold without doing anything with their technology and products do you?
I think they will try to sell it. It's just my assumption.
ACQUISITION MIN. TARGET: $3.25 to $3.75 / share
I'm on the boat that this company is going to sell itself. My guestimate is they would agree to a $75M+ sale. If that happens, the above is my target for this stock.
I work for a tech. digital products company that was acquired - exact same scenario here.
$75M Assumed acquisition amount
$17M Avg. revenue per quarter
17.22M Shares outstanding
$12M Total debt
Same here... not selling.
And BTW, I think someone out there is taking advantage of no news and slowly bringing the price down. The idea is they sell a few of their shares, enough to drop the price and scare other shareholders into selling.
Once they everyone sells, the manipulator buys shares back at a much lower price and make bigger gains.
So don't sell your shares.
Excellent chart and good sign! Bollinger bands closing up!
The more I think about this... big deal! Looking forward to see what they do. IMO they will sell themselves at some point.
Monday this goes to OTC, etc. and still trades.
Hhmmmmmmmmmmmmmmmmm :)
$0.008 is still targeted.
I really think they are about to be acquired. Just a gut feeling. Why would they not care about relisting at the same time they are trying to fix the Foxconn payment issue.
Trading not needed, but clean financial records are needed.
IMO it's an acquisition that is coming. Hope it's true.
Yes, sorry. Was in a hurry to go somewhere on my last post. :) Thanks for correcting.
True. That make me speculate a sale. But I have no idea.
Our shares are automatically converted to cash in our accounts when the acquisition closes. The share price we get is computed based on # of shares and amount the company sold for.
So VERY BASIC (and terrible) EXAMPLE:
Say a company buys XCOM for $450M and there are 25 million outstanding shares, we get $18/share we own.
Awesome!!! Seen this before with other stocks...
"the Company’s Board of Directors determined not to appeal Nasdaq’s delisting determination"
Possible reasons not to appeal:
* Company thinks they will be in compliance again before that date
* Company wants to move to another listing
* Company is being sold, Nasdaq no longer matters
Hi Feller, thanks for PM. (I am not on that service and I also have the free account here so cant write back to PMs.)
Thanks for sending the info! :)
$0.003 to $0.005 will happen in 1-2 weeks.
Then $0.008 will happen in 2-4 weeks.
(Tolerance: -0/+1 week)
HAON PROFITABLE!!!!
LOVE bollinger bands! Great sign. Someone big wants in and they have been buying in strategically over the last 2 weeks.
By doing this strategically they accumulate more shares without raising the price or giving others a clue that a big buyer is accumulating. This lets them buy all the shares at the same price (rather than buying shares as the price goes up).
Expect a major upwards price explosion very soon.
It means someone is betting that this stock shoots up. $12.59 seems possible, but my target remains $3.00-$4.00 (crossing fingers that happens before EOY).
Someone is definitely accumulating these last few days. Someone at Foxconn???? (just guessing/kidding here)
IRR and NPV for this investment is killer.
Target still $0.008.
Don't let minor MANIPULATION fool you. Clearly someone is trying to bring this down slowly so he/she can buy shares cheaper. Clearly we're at the floor.
As many people have said here over the last few weeks, XCOM will be explosively shooting upwards very soon.
The NASDAQ issue is easy to fix. Seen that fixed many times before with other stocks.
The FOXCONN issue is on it's way to being resolved. Read Foxconn's financials and you can see statement facts that Foxconn is relaxing some of it's business practices to build stronger relationships with it's customers.
Add any other positive news on top of the above and this stock easily jumps to $3.00-$4.00 very quickly.
I HATE when people say "mark my words"... but mark my words.
Good luck everyone.