I have given this a lot of thought. Many "traders" have spent many years in pennyland, and have seen the BS it has to offer over, and over, and over again. After they have been burned a few times, they learn a few lessons. Over time, they begin to not even look at the fundamentals of a company (DD begins to become irrelevant). They begin to trade it as if it is another POS. Look at the trading interest in USXP. I think the biggest POS I have ever come across (would not touch it with your 10 foot pole, let alone mine), yet many traders out there put their money in it hoping for a run.
I think the difference with XKEM, is that many traders have told investors (like me), who have done great DD, and then told other investors, who told other investors, and so on. Everyone of us has done great DD, and BELIEVE in what we have. And, we are real long with a bunch of shares. Me any my friends and family own over 50M shares, and this number continues to go up every day.
The point is, sometimes, when you have your head up Mr. Pennyland's arse too long, you can't see the big picture. This is why the huge runs are missed by traders and enjoyed by longs.
I HAVE SAID IT A MILLION TIMES. THIS IS NOT JUST ANOTHER PENNY PLAY. THIS WILL BE SOMETHING SPECIAL.
JMO
BigD
AI
