Replies to post #927 on XG Technology, Inc (XGTI)

[calbwt]

If they get another 180 days there will probably be several spikes. They're hard to time. I get the impression there's a spike when they're getting ready for a secondary. I suspect somebody is shorting into them, and then buying up the secondary to cover. Pretty low risk for the guys who know what's coming and when. For you and me, we need luck to get the timing right. Big money to be had, but big loss possible as well. Will be interesting to see if they're still listed on Nasdaq after Monday. GLTA.

[ErnieBilco]

The only way they qualify for the exta 180 days is if they submit a reverse split - they haven't submitted one for shareholder approval so the odds are extremely long that they will give this turd more time......... its like a stain on the market to let crap like this trade on the big boards. Better suited for Grey Market