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I get notices from this outfit most every day. You might want to let them know about OWVI. They may only promote it if they are paid though.
www.otcpicks.com/
Order in at ask over 5 min and no fill
That person's programming had probably already been done by the opposing team.
Not meaning to bash here, just curious.
I guess it could be some of them if they think they can make more money quicker somewhere else, or think the pps is going lower. I do not know who all is selling and presume there are several reasons different parties are selling/trading, but there seems to be a continuous bigger downward pressure lately. Waiting for that to stop.
OK. Thanks. Does anyone know how many more shares they have to sell? TIA.
i don't think it is the price so much as when the big seller (the company ??) is done.
GDHI - TDAmeritreade is not allowing online orders on GDHI.
Saw it last night. Thank you.
ama33 - will do. tks.
be careful PDMI.
The last few days ARCA sat with a huge quantity on bid making it look like lots of support.
Millions of shares were bought at ask, but ask did not move up.
To me it appears the company is diluting.
Good morning everyone. A little lively this morning, eh?
Not very educated. Just my view of it.
TD,
I believe that honest posts about there being a chance we may be able to replace management and revive the company is what started this rise in pps.
There always have been and still are a LOT of eyes on Xechem, many of them, slam, bam, thank you mam traders. As soon as they saw movement, they jumped back in, and it just snowballed from there. Of course when they take their profits and move on to the next victim, the pps falls. I suspect some long-term folks are also trying to recover some losses, switched to trading vs. holding.
Just my opinion.
Best of luck to everyone here.
Hi ltw,
I do not think there are any more shares to dilute. I think they already diluted all they are allowed without shareholder approval.
My guess is traders moving onto the next play and some longs recovering some losses.
Just lurking from the day job.
GM everyone.
The company is in bankruptcy proceedings.
We are hoping that a proposal to will be accepted by the bankruptcy court to allow the shareholders to replace current management and get the company back on track.
We are looking for a few million dollars to fund the recovery. Let lmf1264 if you know anyone or group that can contribute towards that.
I've been following Xechem almost 3 years.
Read posts by ihub member 'lmf1264' beginning with post #194509
Nothing for sure yet -just hopes at this point, but progress is being made, thanks to lmf1264.
He is looking for a few million funding to get the company back on track.
There is a possibility that the shareholders will be able to replace management and get the company back on track.
A couple years ago the company had a product sorely needed by a huge market. They also had non-toxic funding. A hedge fund also loaned the company money and took the company over and destroyed it.
The pps should have been well above $1 at this date, if the company hadn't been destroyed.
The company also lost the license to manufacture and market the product, but there is hope that with new management, the company can get the license back.
I think it will. Nice slow, steady climb so far.
I think my feed originates from Quotestream also.
Thanks. That looks like a great product!
I've seen folks post screen shots of it before, but could never figure out which one it was.
A little pricey for the casual investor with a day job, but I'm sure it pays for itself if one does much trading at all.
How do you like it's other features like the trading recommendations, etc.?
Does anyone care to recommend a good Level II feed for pink sheet (as well as all other) stocks.
I've seen reports of differences in level II for several different stocks. Some level II feeds do not include all MMs.
Which level II feed has the most complete and accurate data?
TIA
Thanks.
Mine is messed up. still shows ask at .0013.
Anyone care to validate what I see on Level II. I'm not sure mine is right.
ETIM on bid at .001 HDSN on ask at .0013
Thanks!
update ETIM at .0011
Hi lt42,
I'm doing good. Just keeping an eye on it while I work.
Looks like lmf's long hours and hard work are finally bearing fruit.
Steady action here. No huge spikes. Looking good.
6 MM at .0006 x 1 MM at .007
Looking good here. Looks like a few nervous nellies want off.
so what does someone know that just spent $200,000 on the 2.6 million shares traded today.
Most were sold at bid, which is usually a bad sign, but the pps is not dropping because someone is buying them all up. what does that person know?
I think this will add a lot of buying support.
It explains the buying support volume
- how did those buyers know - inside information ??
will do. thanks chevy!
After seeing multiple 100k trades, and more, I revise my opinion.
It is now probably the big seller.
Does anyone have visibility to which MM provides shares for a trade at bid? We can see which MM is the buyer. But who is the seller when a trade goes at the bid?
I think the two 100k prints were probably a trader that picked them up yesterday at .13.
HDSN is still there, though holding out for .14 today instead of .13 like yesterday. I'd like to see him gone.
Just my opinion.
That's good enuf 4 me. tks spec!
Thanks Joe. Nice layout in the link you posted:
http://www.secform4.com/insider-trading/1110607.htm
According to the filings, Ron Smith received 1,350,000 shares on February 14, 2008 giving him a total of 19,564,000 shares.
Today's form 4 gives him 750,000 more shares.
But his share ownership is now listed as 26,966,871 shares, which is 7.4 million shares more than he had in February 14, 2008.
Some of those that had buy orders in at .0001.
All buys through 12:45 PM, then mostly sells starting at 1:30 PM
Thank you for checking!