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There have been very POSITIVE clinical trials oversees (you can look it up). The US has less than 1% of the world's cases of sickle cell. The country that would benefit the most is Africa, which, I believe, has 85% of the world's cases... this is our target population right now (Nigeria in the immediate future).
And BTW, who ever said it was a cure? It's obvious that you have another agenda.
People who sold in the high .06/low .07 range looking to flip are in trouble... they will have to buy back in at higher prices.
I believe that this is going to be the stock of the week(% increase)... I look for 1 or 2 PRs this week with even more interest by investors. The revenue that they are going to generate from this drug will be phenomenal... this is worth much more than 7 cents. The MMs will keep accumulating cheap shares from the weak hands along the way.
Southend price target link:
http://www.southendstockpickers.com/
First pullback coming... we'll be over .08 by 10:00.
MMs acquired alot of shares towards the end of the day on Friday... they are going to let it run.
Southend price target:
Short Term: $4.16
Long Term: $12.48
WOW!
Bid higher than the Ask
.0647 x .0648 9:17am
.06 x .0625 - 9:10am
People that jumped out last week are going to try and get back in... they don't want to be on the sidelines when XKEM pops.
Thanks Johnny, Good read for investors!!
Great Find!! Another article to provide confidence to XKEM shareholders. XKEM is just getting warmed up for the BIG run IMO... looking forward to a great week.
Why anyone would have sold on Friday below 7 cents is beyond me. This drug is going to be introduced in Nigeria on July 8th which tragically has over 100,000 children born each year with this disease, Sicle Cell Awareness Day is July 4th and the stock is getting the attention of many institutional investors. Not to mention, the distribution of the drug to other countries in the near future... especially in Africa. We'll definitely see news this week and I believe it will soar higher than anyone could have imagined.
I think the only reason it came down from its highs on Friday was a combination of two things. One was investors getting scared of the drop and cashing out(weak hands). And the other was investors who have been in since the .01 cent range taking the money and running. I think they will be shocked when they see how high XKEM goes and they will be buying in at a much higher price.
Great Buying Opp for next weeks run!!
Building a new base... but, going to close at the HOD
MMs accumulating for next run... shaking more weak hands
Shake #2? MMs trying to get some weak hands to sell
Starting to move by tenths!!
BIG BOUNCE!!
Shake #1... chance to get in!
Gap up in the morning with the normal pullbacks along the day to shake the weak hands. There will be flipping throughout the day, but why a real investor would sell right now is beyond me. This is just the start of much bigger things to come... share price, revenue, expansion, etc.
All of the above is my opinion.
Great chance to buy again before next run
Matv, one word... Flippers
Shake #2 coming... if you want to buy, get ready
Classic shake then BIG BOUNCE!! Flippers are the only ones selling.
We'll start moving by tenths soon and then whole cents by next week!
If this was a Biotech company on a major market, this would be trading in the dollars, not cents... any one treatment could catapult their share price, even though some of these companies lose hundreds of millions of dollars each year. And let's consider the drug. This drug is for sickle cell which out of the whole continent of Africa, Nigeria has the largest load of cases of sickle cell disorder. The amount of revenue that this can generate is unfathomable, especially when you consider where/when it is marketed in the near future and the fact that this country is in a war right now with this disease. We will be seeing a lot of interest from investors who don't usually touch "penny" stocks... I don't think we'll be at the penny range much longer. The above is just my opinion.
This is HUGE!
Whoever sold will have to buy back higher... total over reaction by some investors.
Sure is getting crowded on the bid... MMs adjusting up
Watch the MM Games... trying to accumulate shares. This is the small dip before the bounce IMO.
Just cleared out the suckers... this is going to trend up before the close. Investors will want to get in before Monday.
BadDog - RFDL has a 30 cent bid/ask spread with only about 6 trades today for 10,000 volume. I doubt that this is in any way related to the lawsuit. I do believe STTK will be posting updates and the price will trend upward again very soon.
ADVR Only 2 MM's under .10 ... Level II looking good
ADVR Breaking Out!!