Hello Stevie,
I'm over on the GPW forum too,so I thought I would throw my two bits worth in (a very poor pun on a stock price - but I couldn't resist a very rare opportunity) :-D
I think the stock will consolidate a bit here, and the near term might only get into the 30's, until some confirmation of renewed financial health is obvious to us hesitant types. But, the reason I keep watching this one is Pyng. Look at what happened to Pyng with a "best of show" appearance in New York, and a few field trials. Now they have a potential of 22more field sites, which is almost a market, not a trial, and real success is in the wind. If XNX can get through the current financial trials, and announce just one reasonable sized sale or trial stemming from these telecom shows, then we're away to the races. Most telecon companies are a little slower to react than the medical community though, so we probably have plenty of time to examine all the angles and buy in, perhaps even with a base bid at .20 or .21, if we just leave it sit there long enough. Given a little luck to go along with a very businesslike speculation, there could very well be another Pyng waiting in this one. . . . but I'm going to wait until I see a solid announcement, even if I have to miss the first bit of the run. I might just nibble at this level, but that's all.
I don't think we have more than a few weeks though, before this one goes.
Nice meeting people on the forum, especially when we wind up interested in some of the same stocks. I can do the numbers with the rest of them, but its nice to bounce a few concepts off fellow surfers every once in a while. Since you are a CA though, I have to bow to your expertise and solicit some freebee advice in that area. What do you think of the finances for XNX? |
