Replies to post #189605 on Xechem International Inc. (fka XKEM)

[TheRaveninexile]

I don't know, XKEM still might be a better bet than an American big board stock at the moment.


"This Christmas season is going to be the worst on record. The impact on retail is going to be huge and I expect there to not be enough plywood to board up all the Ann Tayolor's, Bed Bath, Beyond and Linens and Things as well as a host of others that were build in anticipation of continued housing growth that is obviously never going to come. Look at all the planned housing developments that are now no more than sidewalks to no where with weeds already coming up through the cracks across the country.

Once these retail outlets are forced to close you'll see another wave of defaults from commercial loans gone bad."

I think I posted that 2 days ago. Now look.

"Having missed a last-ditch chance to sell itself, Linens 'n Things may be forced to liquidate its business during the holidays, sources told The Post."

http://www.nypost.com/seven/09172008/business/its_curtains_for_linens_129486.htm

I don't even follow this company and I knew it was doomed.