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Biotech / Medical : Xechem International

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From: GatewayStocks3/6/2006 8:31:46 AM
   of 75
 
From R.B.

ubank, i'm holding XKEM until the run is over and IMO it is not. We closed with a bullish white hammer over the 200DMA today, right at the top of the 20 day Boll. Band. Wedged between the two. Todays low was a lot higher than yesterdays and we are pressing into major support. The Accumulation/Distribution is going crazy and all other indicators are supporting this.

Step away from the intraday charts and study the daily and week charts for a minute, you might see what i mean. How many days with this volume can the stock take at these levels? Not much more, its going to run and the momo will be huge. Even without news IMO! Add news and you better strap yourself to your seat.

This of course is influenced by bullish market conditions. This time a year ago, we would have sold off already and needed to go through a major consolidation phase to absorb the profit takes, dilution, etc before we could even hold levels this high from the lows.

Maybe you weren't around in the 90's to March 2000. I WAS! And i'm telling you! Don't be so near sighted. I've see stocks run like you would not believe when this much money is coming into the market. Pennies to dollars! We're getting fueled by Chinese investors as well. Along with the new OTC short disclosure rules being initiated, the shorts are covering like crazy!

THIS OTCBB MARKET COULD POSSIBLY BE A ONCE IN A LIFETIME OPPORTUNITY. All this cash influx is happening at one time.

A great example is USXP. Take a look at that massive runner. 10's of millions of DOLLARS are trading hands each DAY. Its a complete pig stock too. Every bull market Altomare has a nice story for the masses and he gets rich off of it.

I'm sure XKEM will not let this amazing market pass them by. They are going to hit us with a blockbuster Page Ranking and we are going to make a lotta mulla from these levels.

Everything is my opinion supported by facts and market sentiment.
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