Well... Well... Well... This Xecom story is getting exciting by the seconds! So lets have the drums, the music and the Xecom sit-com theme song: techstocks.com
Let us ask Mr. Evangelist/consultant Joe Lanza if he can tell us about Mr. Michael Swan (his financier) problems with the SEC last year regarding Teletek ??
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This is all a lot of fun! However, despite the fact that I continue to think Xecom is nothing more than simply a sit-com, I have looked at the price and volume traded within the past 2 days or so. It seems something is happenning. With all fairness, Joe Lanza may not be the most honest con-man, however, I have come to believe that perhaps 20% of what he is talking about Xecom may not be untrue after all (but please note I said only 20% of what he says about Xecom may not be untrue). Something is happening with Xecom, can not put my finger on it yet, but the stock seems to have started getting the momentum for whatever reason, and seems to take off for $0.9-$1.12. I neither hold nor intend to buy any shares (i.e. tickets to the sit-com) under any circumstances, however, for those already holding the stock I strongly suggest not to panic with all the negativity around Evangelist Lanza. The stock seems to have the momentum, and a position of HOLD at best is in order for those already holding the tickets to this sit-com. However, I suggest in case you are at break even point or have made 5-10% profit to take your money and run, and put the money into some real company (just my opinion of course)! |