Replies to post #143653 on Xechem International Inc. (fka XKEM)

[drifterfcrc]

This hedge fund has been buying for a few months now but with the MMM and insiders dumping along with some Pandey loyals AND the LACK of COMPANY UPDATE PRs then this is where we sit. Dilution offsets buys remember sadly to say.

[FIAT]

drifter,

Man, this guy is an ingrown toenail, can't we just CLIP "IT" and iggy it, how FN tedious is this ????

[light_the_way2001]

So you think managers of hedge funds would just buy the ask and move up the PPS as they load up? That is not how they play, especially in this market (OTC) and in the slowest time of year for the markets in general. Big money can enter anywhere they want under the current market conditions, ie: silence from the company, shakeup at the top, low trade volume. They can show a huge ask, then throw small trades at bid or shorts causing panic among retail shareholders and the sells come out and they fill their pockets. That is why the CMF has remained positive with the PPS losing nearly 50%, they have time unlike retail traders that will exit a trade at a loss because of time constraints or risk tolerance. imo. Every chart indicator shows the oversold condition of the stock yet the trade volume is relatively lite. The chart wreaks of PPS manipulation and not a sell off. With the O/S at roughly 1.7b shares a selloff would see volume in 100s of millions shares sold, also my opinion. If the MMs wanted out they would take the PPS up on low volume then sell.