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I called in again on Friday just to clarify. They are planning on funding from both UPS and government of Nigeria. Nigeria is not supposed to replace UPS as the funding source.
Bashers will have a hard time claiming that UPS capital invests in scams and that the US import export bank guarentees them...
Exactly, why would some one waste so much time posting negative comments about a stock they don't own or own very little of? They are either paid or have other mental problems. They feel important bashing the stock and get that secret payoff from engaging in negative emotional conflicts. The board is for like minded investors that want to see thier investment grow to be able to exchange views about the company.
Posts that are designed to depreciate the value of the stock should be deleted. Even though they probably have no impact on the stock they are not within the context of the group and are contrary to its purpose. Of course it is the moderators job to determine which are valid questions and which are not. The case history of the poster would come into play.
Dictionary.com
Last entry reads as follows and does seem to deal with the internet. It could imply a responsibility from a moderator to weed out dishonest and or immature statements that are contrary to the context of the group. I don't know the answer to your statement but thought this might interest you.
moderator
"A person, or small group of people, who manages a moderated
mailing list or Usenet newsgroup. Moderators are
responsible for determining which email submissions are passed
on to the list or newsgroup."
Chart readers, how we looking? Thanks...
BUDDHABELIKE Yeah, I'll sell between 2-4 mill between .05-.15 but then let the rest ride as well.
I don't want to sund like I'm too attached to my possesions but I understand completly I'm on 7 million @ .022. Was @ .019 but increased my position.
I think this may be good. Scared money has dried up. There doesn't seem to be any real selling interest down here so when funding is in place buyers will move this up fast. We may sit here for a while but it seems to have bottomed. Just my oppinion.
Me too. But I think whoever said it earlier was right earlier we should run over .20 by November and long term is great outlook!
Be nice to go green two days in a row....
Yeah any large order would move the price up.
No that is not what I meant. The filing isn't going to mean much because nobody was expecting revenue so the filing will have no real impact. Everyone is waiting for the financing to come through. Thanks.
We are expecting major financing from UPS and Nigeria of 8 million plus. Anyone on this stock did not expect revenues yet.
Silverfox that was a good story, and even had a happy ending, at least for the Xkemaires....
XKEM Buy If Alert-American Bulls. Weekly also has buy if alert.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=XKEM&MarketTicker=OTC&Typ=S
XECHEM INTL INC
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 08.15.2006 (2) days ago, when the stock price was 0.0256. Since then XKEM has fallen -2.34% .
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the prime star of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:
The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.
In the second case, the market opens at a level, equal to or below the previous day’s close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous day’s close is the second confirmation criterion.
If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.
The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous day’s close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.
If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.
We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
Data provided by: End of
Chart readers, did we bottom out yet?
Good news then. Your worst case scenario view is calling for a 400% increase in value. I guess if we through a dart between your less then enthusiastic view and the more supportive viiews of a dollar we'd be left with .50 cents....Good luck yo you.
A large order would break it loose right now. it is moving up on low volume. Little selling interes in my oppinion right now. Just my oppinion...
ruterstock, thank you for that valuable research. I am new to boards...
Kaki, yeah if it keeps up I may actually have to buy membership just to block out the low energy posters. I guess that is what makes the world go around, everyone is at a different level of awareness....
countrmike,Thanks I will check it out. I am not familiar with it.
Poker sorry, I think it was the 3 million shares I grabbed....
Thanks and I am as I trust you are. You've expressed that you don't like the stock so why continue to post on this board? I have no need to hear the other side of the coin. I trust my investment decisions and know that I will make money here. If I am wrong so be it. I read the board to see useful insights from other investors that own stock and would like to see it go up in value. I wish you joy peace and happiness and many valuable learning experiences.....
Negative posts should not be allowed. The board is for owners of stock that want to make money not people with unresolved mental issues. If you don't like the company don't own stock or spread your negativity. It is not fair to normal people..
Selling interest has dried up a bit also. Did some large buys this morning and took a while to fill.
Fear, doubt, frustration, anger, cynical, etc., that is a terrible way to invest, even a worse way to go through life.
Sounds great! Who is Howard? Thanks
Sally I started buying at .012 all the way up to .07 and sold at .075. I bought back in recently and have an average PPS of .019 but have over twice as many shares as I did before. I buy low and sell high that is the way it works. I never short that is un American. I'd like to see it go up now but I don't care what it does prior to full funding because then I feel it will go up. And regardless a year or so from now I feel the price will be much higher. I am long this stock and right now don't plan on selling any shares under .10 and then I'll probably just take my money out and let the rest ride. I feel good to have invested in a drug company that seems to have a government backed monopoly. With respect, you are blaming the company for what you see as bad timing of your buy. I do think that a year from now or even a couple months you will think you got in early. Good luck.
Sally, I made a lot of money on XKEM. The company is great. You didn't because you bought high. Now all you have to do is wait until the price goes higher or sell low and lose money. I personally like investing in monopolies. You don't see too many in penny stock land....
Sally, Buy low, sell high....Paid bashers and nuts aside the complainers here bought high and sold or are thinking about selling low. If you bought this right you have to say the company treated its investors right. I bought low sold high and got back in with twice as many shares and a PPS of .019. Now is the time to buy because the price is low. Depending on the loan news we might sit down here for a few days or a month or more but this appears to be a real company with a monopoly backed by the Nigerian government. This is a buying opportunity. The problem is that bad investors will buy in after they get full funding and it shoots up to .25 and then complain when it dips down to .15. I'd suggest you hang in there you're only down on paper. When you're in the black you'll change your mind about company. Just my oppinion.
Awesome Post!
My crystal ball says...Once funding is complete we should get another run followed by another correction, then I think it will settle down for a while then start climbing creating new highs over a few months with anticipation of factory completion. Once completed there will be another correction and then it will continue to rise with quarterly revenue reports. Just my .024 cents....
The last run was pretty good and that was only partial funding.
Please do not base your investment decisions based upon my cystal ball, use your own....
XKEM projects 5 million in revenue prior to full scale production. 200 million yearly revenue within 5 years. That should have been the PR title. Anyway I think we'll float around here until the loan news comes out then it is off to the races.
5 million in revenue @ 1.6 billion shares is .003 per share. A PE of 35 which is the industry average according to Yahoo Finance gives us a .10 share price. A PE of 15 still puts the share price at .045. We are underpriced right now especially since this is a growth opportunity.
200 million in revenues puts the earnings at over .10 a share. A PE of 35 gives us 3.50 a share. A PE of 15 gives us a 1.50 share price.
I'm not pumping this is just what I've based my investment decision on and is only my oppinion. Make your own decisions.
Once on the drug people have to stay on it every month to get full benefit.
Institutional buying spiked to 9% today. Month average was 5%.
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=XKEM&range=0&mgp=0&hda...
I think those 5000 orders are brokers trickling in buys without pushing the price up too much but what do I know...Hope we close at .027
I think this is bottom if I'm not getting filled but I'm not chasing it since I already have a lot of shares let her run...
999999 @.023 and 999999 @.024. First @3:05 second @3:12. Both of my orders are not yet filled. So far only 10k shares went through....
Exactly right. Does anyone seriously think the PPS share is going to be less a year from now from where they bought it. Or that it will not go higher after the loan gets funded. I'm looking at that loan as an 8.2 million dollar rocket launcher.
Focus on something else. Who would waste their time writing negative posts trying to instill fear and doubt in people other than nonintegrous individuals?
Just my oppinion here. Make your own decision.
Stupid money selling. Who else would sell before loan news comes out. This time loan is for 8.2 million and is the final hurdle. Makes no sense.I think it will bounce up quickly but who knows ...
I spoke to Steve today as well. He said that they are waiting to hear from the lender and are expecting word anyday. It could be in a day it could be in a couple weeks it is in the lenders hands. He did say that construction is on schedule as long as the loan is not delayed. Revenue numbers won't be significant till the factory is complete.
I think we've hit bottom but who knows.Long term can only go up IMO.