Trade them and don't INVEST in penny stocks!!
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You are keeping this going. I KNOW who they are and THEY know who they are. Story over. I expressed my opinion that those types piss me off. Do they affect me NO but do others and that's a fact. I am now going to have to be patient because the truth is that XECHEM will require time to produce the 3 million pills per month to treat the intitial selected 100k sufferers. There are millions afflicted just in Nigeria so this will take time bottom line. gltu
HOW MANY companies doe's anyone know of that DEMAND far exceeds SUPPLY. Only problem facing Xechem now is how to get out Nicosan fast enough and produce enough quantity. Talk about supply and demand boooooyyaaaahhh!!!! Most companies worry about how to get buyers for their products. Xechem is concerned with HOW to get enough product to ALL the People!!!!!! This is a great position for ANY company to be in. The DEMAND will always be there. Market is HUGE!!! Sounds uncaring when talking about revenues when so many are suffering but bottom line is it's going to HELP and NOT HURT the millions of SCD sufferers so all the better!!!!
limeyone I am not going to name names what's the point?? They KNOW who they are. I also said it's their business how they trade but to lie and pump just for their own gains is B.S. point blank!! It's fine to be excited about your stock but some went overboard and made things up. I am not interested in any of them being able to defend themselves because they were lying assholes so who cares!!! They also didn't affect me but did sucker in alot of newbies and I know no one should trade or invest in stocks by what they hear on messege boards. I did when I started out so think they are punks.
To treat ALL initial selected sufferers of SCD in Nigeria then the facility must produce 3 million pills per month. 100,000 pills per day needed!!!! As of July 16 the article says they have 30,000 pills so far ready to distribute. They will need to hire many more employees fast. Patience everyone as it will take some time to produce enough Nicosan to distribute to all the intitial 100K sufferers. I am sure the waiting list is growing alot everyday. glta.
And Dune that is the way to play this stock now!! Flippers and daytraders won't be around much for a while IMO!! Right now there are only limited quantities being produced. The article said as of July 16 30K pills. Sufferers need one pill per day so to treat only 10,000 Xechem will need 300k pills per month produced. 10,000 X $22(ave.cost adult/child)equals $220K per month revenue minus salaries, costs, etc. This is a great start for a company that produced virtually no revenues to date!! That's why the $8.25 loan is so needed to RAMP UP production. I hear talk of a billion a year etc. and believe it with everyone else BUT that's not going to happen for some time to keep it real!!!!! For anyone that doesn't agree call the company and they will fill you in. glta.
I have been in for MANY months and NOT flipped a share or sold any!! I still have ALL 1.86 million. I am not bragging because I should have sold some in the .11's but thought we were going a little higher. When the slide started I kept saying it will rebound etc. Now we sit in the mid .03's. My time will come again but will just take longer this time. Since the last article claims the Nigerian Gov. is backing Xechem and also they get on-going 7.5% Royalty fees for holding the patent then I can't see how we don't get the $8.25 million loan?? Also 2 banks will back the UPS Loan!! Don't know what the holdup is because without it then NO new bld. to ramp up production!!! As for BigD and quite a few OTHER supposed longs. They were all full of B.S. for sure. Their business how they trade but alot of newbie investors believed their crap.
popgun it seems a couple posters on the RB board did talk with him in California. Steve only shared that Xechem is busy with production and starting distribution of Nicosan!! No update on the loan only that it should be coming soon!!
Makes sense thanks wing!!...eom
iluvchassman I feel your pain lol. Alot of the so called LONGS that posted here alot have sold and maybe hold a position here on freebies etc. I saw right through them. Many bragged of owning MORE shares then they did and that they would NEVER sell under .25. .40 etc. I knew they were lying. I didn't buy XKEM based on their B.S. I bought in because of upcoming Nicosan approval(which now has been approved). You will be fine. Just HOLD and be patient. Most lose money because they sell TOO SOON!! I could have sold some in the .11's but thought it was going to the .15 to .20 area. Oh well. Still haven't flipped a share (maybe dumb in hindsight)and HOLD all 1.86 million shares. Won't sell anything in single digits. Our time is coming so hang in there. WHY is your alias I love Chassman??????
Maybe I do changedirector lol. I am done posting for a while. This stock is stressing me out. I know I need patience or sell for a big loss. We should see a PR by the end of the month. Sorry for getting worked up everyone. We will all be fine with Spooz. I will check in next week. Have a nice weekend everyone....drifter
RickInv we are in a holding pattern. Many of the regular supposed longs sold and some still may hold a core position/freebies etc. Some MOMO stocks out there now. Xechem is probably very busy now with everything and is in no hurry to put out NEWS. Maybe next week hopefully. Until then low volume (can't see anyone selling at these levels)No MOMO so day traders/flippers on the side lines.
Spread tightened up a little and bargain basement price. Where are all the buyers???
Someone just dumped a couple hundred thousand shares at .012??? WHY when PR coming would anyone do that??
As far as the MM B.S. in their defense (I know about painting the tape and manipulation)THEY MAKE the market for a stock when there isn't one!! Their spread has usually been wide but since they take the risk of buying shares that might not sell too well then they want to be compensated for them. SPZI is not a hot stock right now lol. Problem is of course the spread but seems like until this stock shows interest then I guess it's the way it will be. Buying pressure WILL tighten up ANY spread. The MM's don't need it because it's VOLUME they are after. Anyway I am not going to call about MM spreads as it will do no good. As far as a Blue Sheet Audit then I am all for it.glta
We stay in the .03 to .04's until we here some updates from the company and even then will probably only be shortlived spikes!! Truth is this and all penny stocks move because of day traders and flippers and not LONGS HOLDING. There are other MOMO plays going on now so XKEM is low priority anymore. It is what it is.
OK penny hope you make some money here!! I know there are scams out there and I have been burned a time or two to be honest BUT with all the INFO about XECHEM you and everyone knows this is no scam. gltu
INVestortrends you are a punk ass bitch and a POS!! No we ALL don't pull stuff like you do. You are also another messege board liar bragging about how great you are. Tell us about all your losses. Yeah I forgot you never lose on a penny stock. Like to meet you someday in a dark alley punk.
There are a couple reasons but for you to be invested in a stock and say to everyone that this very well could be a SCAM shows you are a complete fool and not very smart. Even if it was (which it is NOT) then why bash your own stock?? Shows you are a rookie or dumb experienced trader/investor.
penny I can agree with alot of your post BUT a President as powerful among World Leaders as he is will NOT be any part of a scam and YOU know it. gltu
Paul the CEO would have much more clout with a complaint then an individual shareholder IMO!!! This is HIS COMPANY!! A MM is assigned by the TRADING COMPANY by the way. HE needs to find out what's up. He knows NITE and their company well he told me.
Hey pennyFOOL a couple things you said actually made sense. WHEN you said the company COULD BE A SCAM??? you lost all credibility. The President of Nigeria is now a scam artist and Orphan Drug Status by OUR FDA was also based on a SCAM drug. You are a damn idiot. Get lost.
I already asked them more then once about a PR and the answer is in the near future and then pinned them down and got that they would be shocked if the good one expected wasn't out by the end of the month!! Seems that right now and maybe for a while until buying pressure happens that the ONLY way to counteract the MM B.S. is by NEWS!!
I am sick of this BS!!! I am calling tomorrow morning. I will tell IR firm to contact Paul and tell him what's UP!!! The MM is only part of the problem with this stock but even what investors ARE watching then they are not going to buy in with a spread this Bogus!! Add in broker fees and they are already playing catch up with the actual PPS. I suggest others call with the SAME sense of URGENCY. After all Spooz is NOT a private Company. I am not bashing but from now on will verbalize my concerns.
Paul the CEO said in a couple conference calls that he feels there is a state of Urgency with this Volume or rather lack of buying interest!!! He and his team have connections so I am sure that HE can do something about this MM BS!!!!!!!
Hey roheex the other stocks have some to do with it being more quiet BUT we are in Limbo right now with XKEM!! Been approved and ran up on anticipation and then dropped back to where we are at sad to say. Heard a few say who care's about PR?? I DO and not for a short term POP because I am not selling at any .06 to .08 range. The PR that counts the most is the $8.25 loan because it means construction to ramp up to treat more Nigerians. The present facility can provide for the initial 100K for now. Steve has said that MANY times and it's been posted on different boards! That loan PR assures XKEM of INCREASED REVENUES!! That's when the PPS will show what the company is all about.
KAZIN you are correct. I totally believe the deal is done. I think that the money is there for them. I actually believe they are a bit overwhelmed right now. Sure they have been waiting on approval so should have been good to go BUT remember this is a small company with little to no revenues up to now. From the DD I have done(not listening to some poster say Steve says it done) I believe the money is ready to be dispersed. Maybe just the final signature needed is all. I think next week or by the latest 2 weeks it will be announced. I think their hands are full keeping things going with the initial SCD Nigerian sufferers they have enough Nicosan for. No way this loan isn't going to happen IMO.
With the low Volume today I think we held up just fine!! IMO news of the $8.25 million dollar loan next week! Many say who needs a PR well think what you want but that PR will mean not just a quick POP and then back down again. IMO it will of course move us up but it will also mean MORE Revenues to come and it won't take years. I think that everyone is as busy as they can be right now until they hire more personel. I am sure that many SCD sufferers are IN LINE already and orders are going through the roof. Remember that many with SCD CAN afford the monthly charge for Nicosan RIGHT NOW!! Other sufferers will be covered that are Government employees. The WHO(World Health Org.) was also at the launch so will help plus since the Chief was presiding over the Launch will NOT turn his back on those sufferers who are too poor!! I am not saying he will cover all the sufferers but the Nigerian Gov. along with many other Charity Org's will step up IMO!! The 8.25 million dollar loan will assure Xechem of Sustained revenues because the money will be used to construct the needed Bldg. to allow ramp up of production!! I know most want everything right now but for those with patience, you will all be rewarded in the near future! glta.
There won't be anyone going to other countries because Nicosan only has authorization for unrestricted sales in Nigeria. The facility will need expansion and construction of new Bld. to even be able to supply Nicosan in Nigeria! IMO that's why not MORE trying to spread the word about the drug. Xechem's commitment is to all the sufferers in Nigeria.
Well MM Make their money by their spreads and VOLUME on a stock. No Volume here for many months THUS no spread fees being collected. Sure their is NSS(Naked short sales) and other ways but not happening here. MM do NOT usually HOLD stocks as that is not in their best interest UNLESS they know something is coming??? Hmmmmmm????
pfrenz I agree. Nothing to move it up. Everyone already KNOWS Nicosan is approved!! Many wanted to free up funds to trade other HOT stocks. Since company is NO hurry to PR anything then we can either sell and move or WAIT!!! I just know that many(including myself in the past) investors (didn't say traders/flippers)are not patient enough so exit too early. I know some that got OUT of PAIV a couple days ago and look how much they could have made?? IMO those who hang in there with XKEM will be rewarded and will NOT have to worry about chasing this once we move. IMO this next leg up will make the run to the .11's look like nothing. Hang tough longs!!!
I guess I expected XKEM to explode like PAIV/FHAL stocks did after Nicosan Approval is why I didn't sell anything at .11's!! Still HOLDING ALL my 1.86 million and haven't tried to flip which is maybe a mistake in hindsight but too worried I would be chasing the damn stock if I did trying to get back in. Hopefully a loan PR next week which would mean construction to ramp up for ability to reach more of the 4 million SCD Nigerian sufferers. Don't plan on selling a single share anytime soon which WILL pay off for me in the long run IMO!!!
Something about going LONG!!
"Why the MM's don't like Longs"
compliments of PClick in January, 2006
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all ''buy'' orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to ''shake out'' the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like ''the weather is
sure rough today.'' The MM along with the other
''friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
Other hot stocks out there now so many have moved to them. Flippers and daytraders are what MOVES these pennystocks. Us longs bitch about them but it's still a fact just the same. LONGS (some of us anyway) are not selling, at least I am NOT!!!News isn't expected anytime soon per Steve which sucks. So here we sit!!! Truth is Xechem is a small company that now has alot of weight on it's shoulders. Revenues WILL and ARE coming in NOW!! I am sure they are all very busy right now. They will in the near future NEED to hire a IR/PR Firm IMO. glta.
I don't know about how good it will be BUT seems that Equity Trend is trying to get this thing going and also buid up IR communication so if not so good like you feel maybe then they would LOSE all credibility with investors for sure. I know JLT holds alot of shares and said he talked with Paul alot and stated IF we knew what the good news was we would be very happy. Guess we will see shortly. I appreciate most everyone's positive outlook and when holding alot of shares should stay positive but it's time for updates and answers for sure. Let's just hope we get them. GLTA
Volume has stalled big time!! No one wants to SELL at this low PPS!! Maybe some flippers is all. Longs HOLDING!!
Bottom line is that we need NEWS period. I would expect a PR by end of July!! Hope it's GOOD like promised. Time will tell. GLTA
I agree Wing. It's very transparent for sure huh?? Why would anyone BUY either?? You have to pay a big premium on the buy side and the bid is far below the the stock PPS!!!! Grrrr!!! I think by talking with the IR person that the PR will be a good one so I am sure MM knows that also. I know the main job of the MM is to run an orderly market and MOVE the stock but they do more then just that. They also accumulate to line their pockets if they are on to something. We shall see soon enough. gltu
I don't know about the silence lakers17 but will tell you I think since the company is very concerned about no buying of their stock that had BETTER change. I understand Management not wanting to FLUFF anything but they better re-think their lack of NEWS IMO!! Also MM b.s. is not helping the cause. The spread today is NUTS!!!!!
My Elite program is down so just saw the 400 shares. Damn that's even worse lol.
pfrenz you are too funny. Made me forget about the bleeding with XKEM though lol.