Replies to post #538 on XG Technology, Inc (XGTI)

[stretchhill]

Sounds good !

[CIMA7]

SECONDARY OFFERING
Prospectus Filed: August 14, 2015
Lock-Up Period: 90 Days
Earliest Offering Date: November 12, 2015
Offering Price: $1.00

It's my opinion that xG Technology is going to want to push the share price up as much as possible over the coming weeks. In order for them to raise capital, the share price must be $1.00 or greater at the time of the offering.

FORM 8K | 18-Sep-2015
On September 12, 2015, we received an executed purchase order from an agency of the U.S. government for approximately $200,000. Additional details of the order cannot be disclosed at this time, but we anticipate that we can announce them in approximately the next thirty (30) days.

Like I said it's only an educated guess but if xG Technology is on time in their above estimates, they would have another press release October 12, 2015 (give or take).

SHORT INTEREST | 15-Sep-2015
569,962

Short interest is very high and I have a very hard time believing that there are that many people betting against the company right before a public offering. Short sellers are typically the more savvy of investors and they aren't going to get blind sighted by this. Companies can short their own stock so that when they cover it will give the PPS momentum, thus giving them the $1.00 share price they need for the offering. Their are services like ATDF (Automated Trading Desk) that provide these services for companies and large investors.

In closing, I don't guess when trading. I strategize, conduct serious due diligence and ask my other trader friends for their thoughts (insight) before buying anything. I DESPISE gambling BTW.