Xechem International Inc. (fka XKEM)

[hayloft999]

Good morning everyone, technically speaking xkem bounced off the short term support and closed above the short term high on Dec 20 so looking very strong. I am looking for consolidation next week above the closing price.

Fundamentally speaking I looked at ICGN and in august it took an 80% swan dive on an independant surveyors report due to their phase 3 trials being restricted to one set of patients and even if their drug 'senicap' is approved this year by the FDA, impact wise I think it will be negligible on xkem as we have 5-HMF starting trials this year which appears superior to senicap (icgn). We also have SCD rights to the largest suffering countries in the world and so once again impact wise ICGN should have a negligible effect on our future revenues, at least for the next 12-18 months.

IMHO XKEM is set to have a good 2007 GLTYA