Xechem International Inc. (fka XKEM)

[bigdaddyc25]

I don't believe that the PPS has gone down the past few days because of a "lack of PR's by the company". I think it has been profit taking, plain and simple. This is expected and very healthy after a run like the one that we just had. The past few days have been an opportunity for investors to accumulate at good levels before the next leg up. XKEM will hit us with several PR's including a financing PR, and details of the launch in the coming week. I do not blame them for not issuing the biggest PR in the history of the company on a Friday. It will work out better for us early next week.

A key point for us longs is that XKEM let the momenetum slow down. This allowed for the profit taking and consolidating that has taken place the past few days. It let the new money catch up to the porift taking, and we have a healthier base because of it. Had they continued to fule the fire, we would have hit higher levels, and then crashed to this level anyway. Too much profits in the table, had to get rid of alot of them. ALL OF THIS IS GOOD FOR US LONGS. Bad for traders, but I don't care.

THE FACT IS, REVENUES FROM NICOSAN ALONE WILL EXCEED $500M PER YEAR. No one can argue that a market cap of $70M right now is a joke. We will begin to move forward here again soon. We may stay in this $0.06 to $0.07 range for another day or so. The consolidation here is good. Take away the flippers, and the past 2 days, we basically traded in the $0.065 range. 600M shares in 3 days, how is that for a lot of new money? Who was buying the profit taking shares? I think by the end of next week, we will be singing a different tune.

Me and freinds accumulated more today at these levels. I expect much more to come here.

Have a great weekend.
later
BigD