Official Stocks thread. Part 3.

[ClA]

I did a search, couldn't find the damn thread so I am starting one again.

I set my clock to wake me up 6:30am today for the market to open (california), boy I am so glad I did. Got in AOB at $4.75 early in the morning!!!

http://finance.yahoo.com/q/bc?s=AOB&t=1d&l=off&z=m&q=l&c=

Currently holding about 4,484 shares. Plan to sell after earnings report. Wish me luck.

Mod, if you can find the older stocks thread, put them together or close that one if you want.

[TheBigShow]

when's earnings due? added to russell 3000; nice.

[TheBigShow]

i made some jack on yhoo. bottomed out last week, and has come back over 10% this week so far.

[ClA]

AOB earnings coming next month, around 8/11 - 8/15. Wait for PR for exact date.

Yeah man, YHOO dropped like a mofo last week, 22% in one day!! Glad you made some money. They missed some new product dates, and Google is just too popular. Ebay is still tanking (I hope ebay die all together).

[Aphex]

AOB earnings coming next month, around 8/11 - 8/15. Wait for PR for exact date.

Yeah man, YHOO dropped like a mofo last week, 22% in one day!! Glad you made some money. They missed some new product dates, and Google is just too popular. Ebay is still tanking (I hope ebay die all together).

Actually doesn't look too bad. Look for an exit around $5.60 (very rough guess)

http://img458.imageshack.us/img458/928/bigchartpi8.gif

[Aphex]

Risky Play: bought ISBL last week at .009. Sitting at .02 right now. It went up to .05 the other day, but nobody could sell because of a name change. It had to clear with brokers.

http://bigcharts.marketwatch.com/charts/big.chart?symb=isbl&compidx=aaaaa%3A0&ma=3&maval=9&uf=0&lf=4&lf2=2&lf3=32&type=2&size=2&state=8&sid=2380417&style=330&time=6&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=4027&mocktick=1

The news on this stock is big. Possible move to another exchange, as well as multimillion dollar revenue predictions in their PR. Could all be BS, but I am waiting on the next PR. Might take some profit tomorrow. This moves up quick under buying pressure.

[ClA]

Actually doesn't look too bad. Look for an exit around $5.60 (very rough guess)

The next earnings will come mid Aug. With new income from the firm they just purchased, I am expecting 100% increase in earnings compared to same quarter last year. After all, last earnings we were up 98% already.

Will see $6 to $6.50 thats my bet.

[ericlala]

how do i join the stock game with $1000?

[Aphex]

how do i join the stock game with $1000?

You join and invest in a pink sheet stock and hope to double your money (or lose it all).

Otherwise just wait till you have like $2g's. It's different for everyone and depends on what you want to do.

[MyKeEe]

Where can I read up about stocks or how to get in the game? I'd drop a few thousand to start off.

[Aphex]

Where can I read up about stocks or how to get in the game? I'd drop a few thousand to start off.

This might be good. Good reviews. Get that + the Technical Analysis combo for $32.
http://www.amazon.com/gp/product/0764556894/ref=pd_bxgy_img_b/002-6400725-7420055?ie=UTF8

After that try Paper trading until you feel you are confident enough.
http://daytrading.about.com/cs/educationtraining/a/paper_trading.htm

[Azzurri]

earnings for oil companies are gonna be through the roof again, BP already announced q2 was ridiculous so maybe you wanna consider tryin to get in for q3....

look out for XOM(exxon/mobile) and OXY(oxidental petrolium) both have been very bullish lately, i'd say look for oxy to top out around 112-115 ish, and xom maybe 72 ish....

[Eagle]

I also want to get into investing in stocks but I don't understand this AT ALL.

[Aphex]

I also want to get into investing in stocks but I don't understand this AT ALL.

see post #11

[MyKeEe]

i'ma buy that book, i'll sell it to you when i'm done :)

I also want to get into investing in stocks but I don't understand this AT ALL.

[BashX]

NO qbid this time?

[Aphex]

NO qbid this time?

nah man. lets try to keep this thread clean.

[iowa-rsx]

Watch Mad Money with Jim Cramer on CNBC every night... BOO-YA!!!

Well, I bought SIRIUS at 7.40 now it's at 3.94. I learned a lot from making a mistake so lets hope it bounces back.

[iowa-rsx]

I think Jim Cramer has a few good books to check out... im gonna buy some soon.

[Aphex]

Watch Mad Money with Jim Cramer on CNBC every night... BOO-YA!!!

Well, I bought SIRIUS at 7.40 now it's at 3.94. I learned a lot from making a mistake so lets hope it bounces back.

A good idea is to have stop losses. either PPS or %, whatever. Waiting and hoping the stock pops back up is a waste of time and money. ALWAYS have stop losses.

Sure a stock can fall 10% and you sell... then it goes up 30% and you feel stupid. But better that than you letting it drop more and more hoping for it to bounce and you become stuck.

[Azzurri]

A good idea is to have stop losses. either PPS or %, whatever. Waiting and hoping the stock pops back up is a waste of time and money. ALWAYS have stop losses.

Sure a stock can fall 10% and you sell... then it goes up 30% and you feel stupid. But better that than you letting it drop more and more hoping for it to bounce and you become stuck.

very true....thats the biggest problem people have with the stock market, they hold onto winners until they become dogs, and hold onto losers hoping they'll become winners....

set realistic goals for profits (20-30%), take profits and keep trading....

[iowa-rsx]

Yeah very true. I learned a lot about stocks by making this mistake. I now know what to look for and what to do. I didn't invest a lot of money so I am holding on to it for a while. I'm confident I will get some sort of bounce back.

[ClA]

AOB American Oriental Bioengineering, Inc. Completes Acquisition of Heilongjiang Qitai Pharmaceutical Limited

http://biz.yahoo.com/bw/060727/20060727005285.html?.v=1

They brought another company, second one this year.

I got in $4.75 yesterday, its now $5.17. This one will go $6 for sure near or after earnings, just sit and watch.

[theboyjwo]

IGAI, went up over 1000% today!

Opened at .0055 now at .036.

I got a few shares earlier at .048. Supposedly is expected to rise again tomorrow. good chance it could tank too. So i'm not losing much. Figured I already missed the rocket to the moon.

THis is all based off of Q earnings released today.

[ClA]

IGAI, went up over 1000% today!

Opened at .0055 now at .036.

I got a few shares earlier at .048. Supposedly is expected to rise again tomorrow. good chance it could tank too. So i'm not losing much. Figured I already missed the rocket to the moon.

THis is all based off of Q earnings released today.

http://finance.yahoo.com/q/bc?s=IGAI.OB&t=5d&l=on&z=m&q=l&c=

WOW.

[iowa-rsx]

I love stocks... I just wish i had some more cash to play the game.
anyone else watch jim cramer?

[iowa-rsx]

How does everyone trade??? I'm on Scottrade.

[WRSX]

My stocks fell 7 bucks:crying: Rockwell automation sucks

[Aphex]

How does everyone trade??? I'm on Scottrade.

scottrade here too

selling some shares of NTCI today... nice profit, originally bought at .009, getting out at .025. I don't know if anyone else bought in this when I recommended it, but you'd still be up 16%. News did not come out yet, and this can be a multi-bagger. remember to not be greedy

277% gain :thumbsup:

might rebuy if it dips to .015 before news

[ClA]

Now thats a nice gain I have to say.

[ClA]

http://biz.yahoo.com/bw/060728/20060728005055.html?.v=1

AOB earnings to come 8/14. I am expecting good things, if you are interested, buy now and hold for two weeks.

I have 50% for long term, 50% for short term.

[FrIsCo RsX]

i'ma buy that book, i'll sell it to you when i'm done :)
check morningstar.com, at the bottom there's a link to their online class that starts from the basics of stocks to the advanced levels. good read if you're bored at work like i am or just want to learn more. might take several days to finish though since there's about 25 chapters to read, but hey it's free

[ClA]

http://finance.yahoo.com/q/bc?s=CHL&t=6m&l=on&z=m&q=l&c=

CHL China Mobile. I brought it around $22, held it for months and it stayed around $22. Pissed me off, sold it and today its $32.

Damn it.

[Aphex]

http://finance.yahoo.com/q/bc?s=CHL&t=6m&l=on&z=m&q=l&c=

CHL China Mobile. I brought it around $22, held it for months and it stayed around $22. Pissed me off, sold it and today its $32.

Damn it.

better than being a bag holder waiting for the 'bounce'. not a bad move IMO

[Azzurri]

get into those oil stocks, i picked up 100 shares of each exxon mobile (xom), conoco-philips (cop), and oxidental petrolium (oxy) like 3 weeks ago, and all are up nicely, just sold an option contract on each to get out in september....if the contracts get exercised it'll be ~20% gain on each in 10 weeks....

[Aphex]

get into those oil stocks, i picked up 100 shares of each exxon mobile (xom), conoco-philips (cop), and oxidental petrolium (oxy) like 3 weeks ago, and all are up nicely, just sold an option contract on each to get out in september....if the contracts get exercised it'll be ~20% gain on each in 10 weeks....

nice! :thumbsup: let us know how it goes.

[Eagle]

This might be good. Good reviews. Get that + the Technical Analysis combo for $32.
http://www.amazon.com/gp/product/0764556894/ref=pd_bxgy_img_b/002-6400725-7420055?ie=UTF8

After that try Paper trading until you feel you are confident enough.
http://daytrading.about.com/cs/educationtraining/a/paper_trading.htm

I just got the "for dummies" book Aphex. Hopefully I'll have it read in a day or two. Look out for PM's for some possible help getting started... I'm getting excited! :noes:

[Aphex]

I just got the "for dummies" book Aphex. Hopefully I'll have it read in a day or two. Look out for PM's for some possible help getting started... I'm getting excited! :noes:

awesome, I'm here if you need me man. ClA and HLtommy (don't see him posting much anymore) have good experience too.

did you get both the books?

[Eagle]

awesome, I'm here if you need me man. ClA and HLtommy (don't see him posting much anymore) have good experience too.

did you get both the books?

I couldn't remember the second one. I'll pick it up tomorrow. Thanks a lot.

[Aphex]

Here guys, take a look at this, The Golden Cross: http://www.investorshub.com/boards/board.asp?board_id=6115

One of my favorite chart signals. It actually works most of the time and is relatively simple to use. Notice they are using ISBL as an example. ;)

[TuRb0rSx]

xkem

[Azzurri]

interesting article i found today....its actually a trend i noticed and have been practicing with most of my swing trades....i guess its only really helpful while making very short term investments, so if any of you daytrade or swing trade you might want to take a look....

http://biz.yahoo.com/tm/060731/14573.html

[iowa-rsx]

Report looks good for Sirius... Hopefully they'll start turning a profit by the fourth quarter.

[ALTA]

you guys should also look into overseas markets...where did u guys open your portfolio thru..

[Aphex]

ISBL just dipped to .014x.015. I am purchasing.

*edit* Tough to get filled on this one. Finally did, but on the ask @ .15.

[Eagle]

you guys should also look into overseas markets...where did u guys open your portfolio thru..

Yeah, I'm wondering the same thing.

[eezeekial]

Damnit I wish I had stock options when I got hired on with Schlumberger (SLB) in March... only 3 more months...

[eezeekial]

can anyone suggest a really cheap stock that is low right now and 'expected' to do something... i wanna do some research and possibly make my first stock buy.

[Aphex]

can anyone suggest a really cheap stock that is low right now and 'expected' to do something... i wanna do some research and possibly make my first stock buy.

I already recommended ISBL, I believe it is a good buy at this price and I purchased some myself.

All IMO, do some due diligence on your own and let me know what you think. If you want something less risky then I'd recommend staying out of pennyland. :laughing:

[Aphex]

Moving up now .15x.16 still good to buy IMO

[jmtomaz]

last month did an analysis on amgen. (amgn). Eh its a pharmacuetical company, and pretty much i summed it up as "who knows, we have to see". 20 pages and thats all i got. anyone have stock with them?

just finished up an 20 page analysis on microstrategy (mstr). They Posted lower 2nd quarter net income, projected growth is on the decline compared 06-07. not a good buy, sell if anyyone has its stock.


im bought shares of mastercard as it went public, but im gonna wait till i actually have analyis training and actualy money before i become heavy into. if i get hired, commission free trades at deustche ftw

[jmtomaz]

industry mutual funds in emerging EU countries is a hot topic here at deustche. id look into that.

[eezeekial]

Going back to what someone mentioned earlier... what is the best place to trade online? And I noticed Scottrade is a flat $7 for trades over $1. What are your recommendations. What I have read on ISBL I have liked.

[Aphex]

Going back to what someone mentioned earlier... what is the best place to trade online? And I noticed Scottrade is a flat $7 for trades over $1. What are your recommendations. What I have read on ISBL I have liked.

Scottrade is indeed the best I think. No maintenance fees. Cheap trades. Reliable. Great customer service. Lots of branches around the USA. What more can you ask for?

If you are applying with them let me know please. I get free trades if you are my referal. :) But even if you don't use me as a referal Scottrade is the one to go with.

[Aphex]

Nice! ISBL up 20%. Not a bad day.

[TuRb0rSx]

can anyone suggest a really cheap stock that is low right now and 'expected' to do something... i wanna do some research and possibly make my first stock buy.
xkem

[Mapex]

whats this "Stop Loss" thing? lol i was watching an infomercial brought to me by "teach me to trade" and they said you can set a stop loss so it will auto sell at a certain point. ? is this true?

[TuRb0rSx]

whats this "Stop Loss" thing? lol i was watching an infomercial brought to me by "teach me to trade" and they said you can set a stop loss so it will auto sell at a certain point. ? is this true?
yes, say you buy a stock at a dollar and the lowest you will allow it do go is .80 before you want to sell so you don't lose anymore $, you can set a stop loss. At any point the stock hits .80, it will sell, granted there is a buyer.

[Tom318]

AAPL is going back up again from 55 per share..

[ClA]

LGBT

http://finance.yahoo.com/q?s=LGBT

www.PlanetOut.com dropped 24% in one day!!! OUCH!! The gays got fucked in the ass.

Looks like dot.coms are not doing that good, besides Google.

Yahoo, Ebay, LGBT, all dropped at least 22% this quarter due to poor earnings. Freakin 22% in ONE DAY!!

http://finance.yahoo.com/q/bc?s=YHOO&t=3m&l=on&z=m&q=l&c=

[Aphex]

anyone that took my advice and purchased ISBL at .015... there is rumor of a PR release with news about a potentially large contract coming out Monday. Now I don't know if this is true, but the current price is .018x.019 so if you don't want to risk it you can still sell at a little over 25% gain right now.

[Azzurri]

Going back to what someone mentioned earlier... what is the best place to trade online? And I noticed Scottrade is a flat $7 for trades over $1. What are your recommendations. What I have read on ISBL I have liked.

as aphex mentioned scottrade is awesome, i use it as well....however ive been toying with switching to interactivebrokers.com, they're commissions are next to nothing (.005/share or min $1) and it seems they have just as many features if not more than scottrade, you may wanna check them out as well....

[Aphex]

as aphex mentioned scottrade is awesome, i use it as well....however ive been toying with switching to interactivebrokers.com, they're commissions are next to nothing (.005/share or min $1) and it seems they have just as many features if not more than scottrade, you may wanna check them out as well....

.005 SOUNDS nice but check it out:

Lots of stocks are under $1. Some are even 1 cent or smaller. Let's use stock XYZ as an example. You want to purchase XYZ and it is currently .015.

you buy $1000 worth of shares at .015 and you recieve 66,666 shares. At .005 per share commission you're paying $333 commission on a $1000 trade.

My point is .005 is great if you're buying shares of google, but not so great for penny and sub penny stocks.

[Azzurri]

true....i dont play the pennies so i didnt really look at it like that, in that scenario yeah it sucks....i usually trade in 100, 200, or 300 share lots so its like ~$1/trade....plus their commissions for options contracts are like 500% less than scottrade....IB's software is kinda confusing looking though, thats whats holding me back, maybe its cause ive been starring at scottrade for so long its just unfamiliar....

[Eagle]

Penny and sub penny stocks? What's that, and whats the difference in risk?

[Azzurri]

Penny and sub penny stocks? What's that, and whats the difference in risk?

they are regular stocks, they just trade for, ready for this, pennies or fractions of pennies per share....the risk is usually a lot higher for a lot of reasons (upstart companies, scams, etc.) but when you hit a homerun, its gravy....if a penny stock goes from .01/share to .03/share, you just trippled your money....much easier to do than getting microsoft to move from $25 to $75....

thats why options trading can be so lucrative, you're still trading the big name stocks, but at a severe discount over short periods of time, if you can get in while its moving sharply in one direction you can make 100's of % points very quickly....

[Eagle]

they are regular stocks, they just trade for, ready for this, pennies or fractions of pennies per share....the risk is usually a lot higher for a lot of reasons (upstart companies, scams, etc.) but when you hit a homerun, its gravy....if a penny stock goes from .01/share to .03/share, you just trippled your money....much easier to do than getting microsoft to move from $25 to $75....

thats why options trading can be so lucrative, you're still trading the big name stocks, but at a severe discount over short periods of time, if you can get in while its moving sharply in one direction you can make 100's of % points very quickly....

Gotcha! :thumbsup: I swear I learn something new everyday from you guys.

My company's stock is at $48.84 :eek:

[Aphex]

ISBL closed 53% up today. I will most likely sell Monday unless we have a PR. muahaha

:thumbsup:

[Sprint2k]

anyone here trade futures/commodities?? curioussssssssss

[Azzurri]

ISBL closed 53% up today. I will most likely sell Monday unless we have a PR. muahaha

:thumbsup:

what happened with the pr release today? did you close out your position?

[Azzurri]

anyone here trade futures/commodities?? curioussssssssss

i swing trade options....dont know much about commodities though....

[Aphex]

what happened with the pr release today? did you close out your position?

yes I sold in the morning because there was no PR. kinda risky because they can release it anytime and it will leave me in the dust, but I am going to wait for a dip again and rebuy.

at least that is my plan, and if it doesn't work out it's okay because I made my money here anyway ;)

[Mapex]

yes, say you buy a stock at a dollar and the lowest you will allow it do go is .80 before you want to sell so you don't lose anymore $, you can set a stop loss. At any point the stock hits .80, it will sell, granted there is a buyer.

do ya'll use this at all?

[Aphex]

do ya'll use this at all?

i do. especially with more volatile stocks you can't watch all day

[Mapex]

k. i may try this once i get into the market. can i set it like $0.10 less than what i bought it at? or does it have to be a certain % less than purchase price

[Aphex]

k. i may try this once i get into the market. can i set it like $0.10 less than what i bought it at? or does it have to be a certain % less than purchase price

anything you want

[ClA]

http://finance.yahoo.com/q?s=RELV

Wow. Another American stock down on bad earnings. Down 35%. Ouch.

[iowa-rsx]

Monster Energy drinks/Hansen went down 25% today

[ClA]

The market is not doing too good. I mean companies after companies dropping 20% more in one day after second quarter earnings......

I am loaded with AOB waiting for the earnings to come out 8/14. This better be good.....its a gamble.

[iowa-rsx]

good luck... it's a bit tough trying to find where the bull market is... i'm just watchin now.

[ClA]

Well at least AOB is a Chinese firm doing business in China, hope that is not affected by the current poor american economy. Thats why I am parking my money in China now.

[Aphex]

Well at least AOB is a Chinese firm doing business in China, hope that is not affected by the current poor american economy. Thats why I am parking my money in China now.

surely they have something to do with the American economy. First of all they are trading on AMEX. Second of all...

About American Oriental Bioengineering Inc.

American Oriental Bioengineering Inc. (AOB) uses proprietary processes for producing soybean protein peptide more efficiently than traditional extracting techniques. These techniques are used to manufacture and formulate supplemental and medicinal products. Soybean peptides are used widely in general food, health food products and medicines, among other applications. AOB also produces Cease-Enuresis Soft Gel, the only Chinese FDA-approved first grade, prescription medicine that is specially formulated to help alleviate bed-wetting and incontinence. The company is a leading producer of products in both the nutraceuticals and pharmaceuticals areas in China. For more information, visit http://www.bioaobo.com.

Not saying your stock is fucked, but just something to consider.

[ClA]

I am sure you too can agree the name of a company does not affect its share performance much right?

The name American Oriental Bioengineering has nothing to do with their business. It is only there because it's traded on AMEX.

Check out their product listing, not even sold outside of China.

http://www.bioaobo.com/Product/yao/index.htm

I am hoping they'll have a good year, while all the .com (ebay, yhoo) are suffering, people will park their money in Chinese stocks istead. Real Estate market in the US is not exactly going up no more, people have to put their funds somewhere.

[chima07]

i need to get into stocks. whats a good way for a noob like me to play with some money like on yahoo stocks or something.

I figure I should buy stocks around christmas because of sales n shit.

Also starbucks in the winter just because more people want those drinks in the winter.

I know this is a weird assumption and I only wanna play with like 100 bucks in the stock market.

Also can I do it in yahoo on my own.

Any advice

[Azzurri]

good luck... it's a bit tough trying to find where the bull market is... i'm just watchin now.

OIL

its pretty simple if you know what stocks are hot, and right now oil stock are hot and moving....study the technicals of exxonmobile, conocophilips, chevron, bp, occidental petroleum, etc, figure out their approximate short term support lines in each direction, buy them when they hit their 'floor', sell them short when they hit their ceiling....in and out....

[iowa-rsx]

BP's bad news right now.

[iowa-rsx]

i need to get into stocks. whats a good way for a noob like me to play with some money like on yahoo stocks or something.

I figure I should buy stocks around christmas because of sales n shit.

Also starbucks in the winter just because more people want those drinks in the winter.

I know this is a weird assumption and I only wanna play with like 100 bucks in the stock market.

Also can I do it in yahoo on my own.

Any advice

Your assumptions are not quite right. If they were than everyone would become rich. Starbucks would be real risky right now. It has been a pretty high stock right now, but they just missed expectations. A stock that trades at high multiples=disaster if they don't exceed expectations. So they will probably be on the downside. The question is for how long... It could be a couple months or years... but the good news is that they are becoming a buy. it's just when they should be boughten. I don't forsee them beating same store sales anytime soon with rising gas, and the miss on Q2 earnings. Read a few books and become educated is my recommondation. I'm still learning but every bit helps.

[arizonarsx]

subscribed

[Azzurri]

BP's bad news right now.

just means it moves in the opposite direction, doesnt mean you cant make money on it....as long as a stock moves, it can be profitable for you....

[TuRb0rSx]

xkem. Buy, hold for a lil bit, thank me later.

[ClA]

xkem. Buy, hold for a lil bit, thank me later.

Why? Share details. Don't just post random pumps.

[arizonarsx]

Why? Share details. Don't just post random pumps.
:iamwiths:

[TuRb0rSx]

Why? Share details. Don't just post random pumps.
I'm not. I stated why before in the previous thread that was lost. But one sec and I will post again.

[ClA]

thanks.

[TuRb0rSx]

Basically to sum it up, the company found a drug that treats sickle cell anemia. Some are calling it a cure. As of recently the company basically has no money or revenue. But they just released the drug called Nicosan in July. They also put out a recent PR that said demand is greater than antipicated and are opening up a new factory. The drug cost $23 a month for adults and $18 a month for children (currently only for sale in Nigeria), which has approximately 4 million people who have sickle cell anemia and I think around 17 million worldwide. It has FDA approval and approval in Europe. After even after they step up the supply, say they only get to 1 million out of the 4 million in Nigeria with the drug. That would equal 20 million of income per month assuming half adults half children and 240 million per year. If they actually got to all of Nigeria, it would equal over $1 billion. This doesn't even include outside of Nigeria nor does it include exporting cost if/when they go worldwide.

[TuRb0rSx]

Here are a couple PR's for you to read if you care that basically says what I said but in more detail.


Demand for New Sickle Cell Drug NICOSAN(TM) Far Exceeds Supply
Wednesday July 26, 6:30 am ET
Xechem Nigeria Accelerates Construction of Commercial Scale Production Facility

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--July 26, 2006--Xechem International, Inc. (OTC BB: XKEM - News) announced today that response to the first limited sales and distribution of NICOSAN(TM), its new product for the prophylactic management of Sickle Cell Disease (SCD), by its subsidiary, Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria), has been far greater than anticipated. Xechem Nigeria has broken ground for a new state-of-the-art commercial scale production facility and accelerated the facility's construction schedule. Xechem Nigeria, which received regulatory approval for NICOSAN(TM), its first major breakthrough "Natural Herbal Drug," on July 3rd, 2006 from the National Agency for Food and Drug Administration and Control of Nigeria (NAFDAC), has been producing the drug in limited quantities at its pilot scale facility in Abuja, Nigeria.

Xechem Nigeria's new commercial scale facility will have capacity to meet the demand of Nigeria and other African countries. Nigeria alone has 4 million sickle cell disease patients. The new facility will also be able to supply the drug for the clinical trials in the United States and the European Union.

NICOSAN(TM) was launched by the President of Nigeria, His Excellency Chief Olusegun Obasanjo on July 6th, 2006 at SHESTCO Complex. Immediately after the launch ceremony Xechem Nigeria has started direct sales of NICOSAN(TM) in Abuja, the Federal Capital Territory of Nigeria.

The drug is taken through one-a-day capsules which, once started, must be taken daily by the patient. The current price for a months supply for Adults is established at N 3,000 Naira (approx. US $23) and for Pediatrics at N 2,400 Naira (approx. US $18), respectively. Xechem is also accepting mail orders for the drug from other States within Nigeria.

The financing for this first phase of construction was supplied by Nigerian Export-Import (NEXIM) Bank, which loaned Xechem Nigeria N150 Million Naira (US$1.2 million) in June of this year. Xechem estimates that the expanded facility will be fully operational within 9 months.

Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "This is a very exciting time for Xechem and one that has been more than four years in the making. Getting NICOSAN(TM) approved for the prophylactic management of Sickle Cell Disease (SCD) was a major milestone which changes Xechem from a research and development company to a full scale business venture with NICOSAN(TM) to market.

"This also required the construction of a full scale production facility, on which we have now broken ground This plant will meet all the current Good Manufacturing Practices (cGMP) guidelines, the first facility in Nigeria to do so. We are grateful to NEXIM Bank for the loan and their early support for this project. This will help ensure the completion of our expanded facility in the shortest possible timeframe. Xechem is very proud to be the leader in bringing NICOSAN(TM) for Sickle Cell sufferers first in Nigerian market which will be followed throughout the African continent and the world."

About NICOSAN(TM)

NICOSAN(TM) is an anti-sickling, phyto-pharmaceutical (Natural Herbal Drug) for the prophylactic management of Sickle Cell Disease (SCD). It was developed by Nigerian scientists at the National Institute for Pharmaceutical Research and Development (NIPRD). In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the red blood cells of those afflicted with the disease. While not a cure, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced. Preliminary studies carried out at the National Heart, Lung and Blood Institute Sickle Cell Disease Reference Laboratory (NHLBI-SCDRL), NIH, at the Children's Hospital of Philadelphia (CHOP) and Xechem Research Laboratory in New Brunswick, NJ have confirmed some of the Nigerian studies.

About Sickle Cell Disease

Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, and worldwide at least 12 million individuals are afflicted with SCD.

About Xechem

Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem has turned to the commercialization of the drug in Nigeria and plans also to pursue US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.


Press Release Source: Xechem International, Inc.

Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria
Tuesday July 11, 6:30 am ET

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--July 11, 2006--Xechem International, Inc. (OTC BB:XKEM - News). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching ceremony that was presided over by Nigeria's President, Chief Olusegun Obasanjo, was broadcasted live throughout Nigeria. Days earlier, the drug was approved by Nigeria's drug and regulatory authority, the National Agency for Food and Drug Administration and Control (NAFDAC). Xechem has obtained the exclusive worldwide rights to manufacture, market and sell NICOSAN(TM) under a licensing agreement with Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), a federal governmental agency whose scientists are credited with developing the drug.

President Obasanjo Tours Xechem Nigeria's Facilities

In remarks made at the launching ceremony, President Olusegun Obasanjo commended Xechem and its chairman, Dr. Ramesh Pandey, for their success to date in getting to the point of bringing this important drug to market and for validating the government of Nigeria's efforts to commercialize locally developed technologies: "In line with the reform agenda of this administration, the restructuring of the science, technology and innovation system has received priority attention. The re-engineering of the sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve an economy that is technology driven, private sector led and knowledge based. Today's occasion of launching of NICOSAN(TM) is an attestation that our policy is on the right course." Following the launching ceremony, President Obasanjo unveiled and toured Xechem's facilities and planted a tree on Xechem Nigeria's grounds to commemorate the occasion.

Dr. Pandey added: "We are extremely grateful to His Excellency, President Obasanjo, for making it a priority to personally launch NICOSAN(TM) and visiting Xechem's premises to mark this historic occasion. The President's participation in the ceremony reflects just how important this break-through sickle cell drug is, not only in Nigeria, but for those suffering with this debilitating disease all over the world." A gala affair attended by various ministers, high-level government officials, diplomats, and other business leaders, was held later that evening at the Abuja Sheraton Hotel in downtown Abuja.

The following are not PR's but articles written.

Hope for sickle cell patients

BABIES are blameless. But some babies, though clearly innocent, are given the death penalty. They are seen as foetal felons and their time on death row begins as soon as they are born. Many of them, when their minds free themselves from the morning mist of infancy and reach the warm climate of cognition, wish they were never born.

THEIR world is not kaleidoscopic, is compressed into that of red-hot pain. Unlike some murderers and rapists on death row, they have no remission, no reprieve. Their torment is not spent like a hurricane, the hurt hurtles on, clearing all herbal hurdles.

A sickle cell patient, puny though he is, has to contend with many vicious attackers. He is prone to stroke, kidney damage and an exceedingly painful condition in men called priapism. Sickle cell disease should own the patent for Viagra, though its cure for impotence impales men on a staff of suffering.

THE cause of sickle cell disease has been known for decades. It is caused by an errant gene. The gene is very well known, has long been caught in the searchlight of science. So why has it not been crushed like a rabbit confused and immobilised by a car’s headlamps?

THE disease is partial to blacks. This is supposed to be because they live in an area where malaria is endemic. This does not explain why African-Americans, far more than other races in the United States, are afflicted with the disease. Or why Italians – the word “malaria” comes from the Italian “mal’aria”, meaning “bad air” – are not swamped with the disease.

IT has been said the big pharmaceutical companies in the West are not ready to spend good money funding a cure for sickle cell disease because the sufferers are mostly blacks and too poor to afford the drugs. There may be some truth in this, as manufacturers of HIV drugs had to be shamed into allowing cheaper copies of their drugs to be made.

SO sickle cell patients continued to experience crises of pulverising pain and then the final crisis, which came as comfort.

UNTIL now. Now, there is real comfort. It is the comfort of life and not the relief of death, of freedom from infernal pain. A cure has been found for sickle cell disease and the breakthrough was made by Nigerians. The Minister of Science and Technology, Professor Turner Isoun, disclosed this at a news conference on Tuesday, July 4.

THIS significant news was not reported by many newspapers and those that did buried it in their inside pages. Were they erring on the side of caution? Did they smell another Abalaka vaccine controversy?

THE minister said serious research by scientists at the National Institute for Pharmaceutical Research led to the discovery. The drug, called Nicosan, was then manufactured by a pharmaceutical company in Nigeria, Xechem Pharmaceuticals Nigeria Ltd.

THE drug is said to be a potent cure for the disease. The World Health Organisation (WHO), according to the minister, had pronounced the drug the world’s most effective in the treatment of sickle cell disease. The drug has also been certified safe and succouring by the demanding Food and Drug Administration of the United States and regulatory agencies in Europe. A Congressman, Sharon Beasley-Teague, was present at the minister’s news conference and praised the Nigerian scientists who discovered the drug.

THE discovery of a cure for sickle cell disease by Nigerian scientists and the manufacture of the drug by a pharmaceutical company in Nigeria are, indeed, uncommon achievements. The discovery is as important as finding a cure for AIDS. Sickle cell disease brings misery to millions of people around the world. And like AIDS, it weakens immune system and death results.

NIGERIA, with the discovery and manufacture of the sickle cell disease drug, has taken a great step for humanity. Sickle cell patients can now expect to live a normal life. Most of them died before they were 50; some of them, with the blessing of their creator, may now live to a ripe old age.

FOUR million Nigerians are said to suffer from sickle cell disease. Though there is now a cure for the disease, everything should be done not to add to the number of sufferers. The disease is very easy to prevent. All it takes is to know one’s genotype. A person whose genotype is AS should not make babies with anybody with an identical genotype. If they do, their individual single gene AS will combine to form two sickle cell genes – sickle cell disease – in their baby.

THE problem in Nigeria is that many people do not have information on genotype screening. They live in ignorant bliss but anguish comes to stay when they have a child with sickle cell disease. There is a sickle cell support group in Nigeria but it appears it does not have much money to engage in a sustained awareness campaign. It is usually heard of during its annual meeting.

THE government and the private sector should be involved in providing information about the disease. In the United States, many newly born babies are automatically screened for the disease. The same thing should begin to happen in government hospitals in Nigeria. Children and adults should be given access to subsidised screening, if not totally free. The government can afford it. Reagents do not cost the earth.

THE discoverers of the sickle cell disease drug deserve national honour. And, who knows, a Nobel Prize may follow.


Nigeria’s steady progress towards technological development

Thursday, 6 July, 2006 will, definitely, remain indelible when history of technological achievement in Nigeria is documented. On that day, President Olusegun Obasanjo launched the Computer for All Initiative, (CANI) which will give more access to Nigerians to own computers in this age of information technology, and also commissioned the Gamma Irradiation Facility (GIF) as well as launched NICOSAN; a drug used for the management of sickle cell disorder. The last two projects have their respective plants at the Sheda Science and Technology Complex (SHESTCO), a parastatal under the Federal Ministry of Science and Technology. The Gamma Irradiation Facility is for the preservation, long shelf-life and judicious management of perishable foods and agricultural products while the NICOSAN is for the management of the sickle cell disease.


An important benefit of these recent developments is the economic undertones they have. These are in the areas of employment, economic empowerment, poverty eradication etc. Undoubtedly, the launch of the NICOSAN drug is a demonstration of Nigeria’s resolve to speak in the most pragmatic term at the international level. The launch of the drug and its acceptance in America where it has been granted the status of “orphan drug” is a testimony that something good can come out of Nigeria considering the past when Nigeria used to be the home of fake drugs.

It is a known fact that about 17 million people all over the world are suffering from this disease, and among these people are 4 million Nigerians. Therefore, the launch of NICOSAN will help these 17 million sickle cell patients in the world to manage the disease without any crisis as has been attested to by some of the patients who have been on the drug for over a year.

The launch of NICOSAN on Thursday, July 6, 2006 by President Obasanjo has changed the story of sickle cell patients. With NICOSAN, the history of the disease will turn around for the better, bringing with it a change in the dramatic and unpleasant experience which sufferers go through all their lives. As a potent management drug for the treatment of SCD, NICOSAN has been described by experts as the ‘defeat of sickle cell disease’. The knowledge and expertise of this drug are all indigenous which makes it a major breakthrough and a plus for the Ministry of Science and Technology.

President Obasanjo described the drug as a gift from Nigeria to the black race. Government in partnering with XECHEM, a private sector pharmaceutical company, will ensure that the NICOSAN drug is made available to all pharmaceutical stores in the next nine months. Meanwhile 30, 000 capsules have been produced in SHESTCO Abuja in XECHEM Laboratory to cater for the needs of those who are in need of the treatment, particularly those who have registered with XECHEM.

In the words of the Minister of Science and Technology, Professor Turner Isoun, “the story of NICOSAN is an interesting one. From an obscure practice by traditional herbal practitioners in the management of the disease, medical science has learnt only recently the potency of these extracts from different plants in use by our ancestors.” He went to state that patients on NICOSAN remain the most authentic testimony to its viability and efficacy in the management of the disease. Their continued living without crises since they began using the drug inspires great confidence. It should be noted that NICOSAN is the first drug to be developed out of indigenous knowledge and it has undergone rigorous laboratory research leading to patent award. It is also the first drug to be exported from Nigeria to other part of world. According to Dr. Ramesh Pandev, the Chairman of XECHEM, it is expected to earn the country about 150 million dollars per annum in foreign exchange earnings.

Again, the Gamma Irradiation Facility launched alongside NICOSAN by the President, has come as a great relief to Nigerians in various respects. Some of these are preservation of foods and agricultural products. These agricultural products include cereals, fruits, tubers, spices, as well as pest control. This is of great significance to the farmers who will no longer have to experience extreme losses of their farm produce. Before now it is on record that 55 per cent of farm products which would have been conserved are lost to pests, and other diseases, thereby incurring huge financial losses to farmers.

All these will come to an end with the birth of the GIF, particularly as the irradiation plant has the capacity to treat 20 metric tonnes of products daily. Nigerian farmers are now encouraged to massively increase the production of these farm products for both the domestic and international markets. The facility in question can be used also in the microbial decontamination of meat, pork, poultry, sea foods like shrimps, crabs which will enjoy market appreciation. Nigerians definitely will enjoy the benefit of eating meat that is free of contaminants and the likes that can engender diseases.

It must be pointed out here that irradiation treatment is competitive in the international market where Nigeria hopes to make a reasonable mark to earn foreign exchange. It is cheaper and more environmental- friendly. This is in addition to other advantages, such as savings from the use of chemical preservatives, improved wholesomeness of food and food products and safety of consumers. There is the overall demand at the standardized and competitive international market where Nigeria had always wanted her products to be patronized.

Healthcare benefits would also be derived through the treatment of radio-sterilization of medical devices such as hypodermic needles, syringes, surgical blades, etc. Industrial and home needs are also to benefit from the Gamma Irradiation Facility through packaging and improvement of mechanical, electrical and thermal properties of materials such as plastics. Among them are cable wires, plastic pipes for hot water in hotels and other household use. It is also very important to note that the gamma Irradiation Plant in SHESTCO is acknowledged to be among the best in Africa and, indeed, one of the best in the world in terms of its facilities.

The presence of Gamma Irradiation Facility at SHESTCO will open up a vista of investment opportunities in many sectors of the economy. Spin off industries are expected in agriculture and agro-allied sector, food processing, pharmaceutical, plastics, rubber and wood and furniture sectors, respectively, with high export potentials. The world is now a global village and the computer is the easiest way to access it. The computer for all Nigeria initiative is therefore a master stroke by this administration to the generality of Nigerians to own computers.

The President also launched the computer for all Nigerian’s initiative. Under this project, the hitherto existing gap in the field of Information Technology would be drastically reduced with the sale of affordable computers to more Nigerians to participate in the knowledge economy. The CANI personal computer packages will be available to employees at up to 30 per cent discount off current market price. Apart from the direct deduction from payroll, employers will be encouraged to subsidize the package cost by 20 per cent, thus bringing the total cost of the personal computer to 50 per cent off the market prices. The digital divide which has so polarized the world will be bridged by this initiative.

It should be stated here clearly that the Ministry of Science and Technology has been rejuvenated to its prime place in the nation’s development project. It is also worthy of note that this new dawn and experience has just begun, given the fact that the sector holds the key to accelerated growth that can affect all sectors. It is important that the Ministry does not relent, in its effort, which is to reach deep into the opportunities Science and Technology provide the country. According to Professor Isoun, the Ministry is now set to serve as the main driver in the next phase of NEEDS and the Nigerian economic transformation. This great achievement has helped Nigerian scientists to recover their self confidence.
back

[TuRb0rSx]

But please don't take what I say to 100% fact. It is only my belief that in due time, this stock will rise. In my opinion I do not think it will go any lower, but also don't buy something just because I say unless you realize just as other stocks, it is a gamble.

[kensky]

since your qbid failed, why not this one too?

[Aphex]

I am sure you too can agree the name of a company does not affect its share performance much right?

The name American Oriental Bioengineering has nothing to do with their business. It is only there because it's traded on AMEX.

Check out their product listing, not even sold outside of China.

http://www.bioaobo.com/Product/yao/index.htm

I am hoping they'll have a good year, while all the .com (ebay, yhoo) are suffering, people will park their money in Chinese stocks istead. Real Estate market in the US is not exactly going up no more, people have to put their funds somewhere.

Why do they need a new york office? just to have a US presence?

[Aphex]

btw I was in XKEM. it gaps every morning than dies by the days end. :)

but I agree with turbo, there is potential.

[arizonarsx]

since your qbid failed, why not this one too?
:confused: :dontknow:

[Azzurri]

so the fed decides on rates today....apparently traders are optimistic they wont raise rates....so i guess that really means they will raise them and the market will tank this afternoon....

[ClA]

Why do they need a new york office? just to have a US presence?

The stock IS traded in the US, but they don't sell within the US, therefore, American spending does not affect AOB's earnings result. The location of an office does not affect stock price, so whats the point?

[TuRb0rSx]

since your qbid failed, why not this one too?
If your referring to me, I never mentioned QBID. I believe that was CIA.

[Aphex]

The stock IS traded in the US, but they don't sell within the US, therefore, American spending does not affect AOB's earnings result. The location of an office does not affect stock price, so whats the point?

exactly. what's the point of their new york office?

[ClA]

They are publicly trading in US stock market, their products are getting FDA approval (some are already approved). I would assume if your company is traded in the US stock market, you'd have the need for a US office.

But having an office doesn't affect stock price, so my question was, what is your point of asking?

[Aphex]

They are publicly trading in US stock market, their products are getting FDA approval (some are already approved). I would assume if your company is traded in the US stock market, you'd have the need for a US office.

But having an office doesn't affect stock price, so my question was, what is your point of asking?

My point of asking what? Why they need an office in new york?

It's just a little strange to me. Even IF the only need for a US office was a technical one, then why put it in New York? From everything else you say they have pretty much no relation to the US except their stock right? So if they just need to put an office here why not put it somewhere cheap with a secretary and nothing else? Putting it in manhattan seems like a waste of money otherwise... unless they are more involved with the US than you know/think.

[ClA]

If you are seriously interested in why they are in NY, why ask me? If you want details like that, I doubt you can get it from a general shareholder.

Here.


Contact:

American Oriental Bioengineering Inc.
Lily Li, 212-786-7568 (U.S.)

or

Hayden Communications
Matt Hayden, 858-704-5065 (Investors)


Call them and come back with an answer.

Why NY? Why NOT NY?? That IS where Wallstreet is you know that right?

The fact is, their main market is in China, therefore, US spending does not affect it that much. If you look at the big picture, who the hell cares why their US office is in NY?? What does that have to do with anything?

[ClA]

http://www.wallst.net/news/news.asp?Source=REUTERSNEWS&id=121

This is a good article about today's market reaction.

Traders said the Fed's statement cued investors to sell shares of companies whose fortunes are closely tied to economic cycles, including heavy equipment maker Caterpillar Inc. (CAT.N) and industrial conglomerate United Technologies Corp. (UTX.N). They were among the Dow's biggest losers.

But shares of defensive companies, whose products consumers can't do without even in an economic downturn, rose.

Gains in the shares of Altria Group Inc. (MO.N), parent of Marlboro cigarette maker Philip Morris USA, and Procter & Gamble Co. (PG.N), the maker of Crest toothpaste, limited the Dow's decline.

Basically, the US economy is not performing too well. Products that are not heavily relied on US economy are the ones that are rising (today).

This is the point I was trying to make about AOB. Its sales depends on Chinese economy, not US. Therefore, when the US economy is weakening, it might be a good idea to park your money away from stocks that closely ties to US economy.

This is just an assumption, of couse, Stocks, who know what will happen tomorrow. Just trying to look at the bigger picture here.

[Azzurri]

interesting....makes sense, but you know what really urks me....all the articles published on msn money and yahoo finance all gave the impression that if the fed upped the rates again, the market would drop, but if they maintained the same rate the market would continue on its upswing....

that really pisses me off, all finance guru's tell you to read read read so you understand how the market works, and adapt to situations like these....yet everything you read is fucking bs....its amazing how media outlets can get away with intentionally printing misleading information....

[Aphex]

If you are seriously interested in why they are in NY, why ask me? If you want details like that, I doubt you can get it from a general shareholder.

Here.



Call them and come back with an answer.

Why NY? Why NOT NY?? That IS where Wallstreet is you know that right?

The fact is, their main market is in China, therefore, US spending does not affect it that much. If you look at the big picture, who the hell cares why their US office is in NY?? What does that have to do with anything?

Don't get so upset.

Why NOT NY? It's so expensive to keep an office in Manhattan. Don't you know that?? It would be cheaper to have a nearby office in Brooklyn, Queens, or even NJ. It doesn't make sense from a financial point of view to keep an office here which you don't even need. If you don't care, fine drop it. I was just giving you something to think about even though you are soooo sure that they have nothing to do with America.

The point is you should be the one answering these questions, not me. You're lucky im even bringing them up.

[M34speed]

subscribed as well. I'm going to be getting some money from a lawsuit (aprox 8-12K). Trying to figure out how I want to invest it.

[FrIsCo RsX]

whoohoo cisco is up $2.51 this morning, dad's gonna be happy when he gets home

[ClA]

Don't get so upset.

Why NOT NY? It's so expensive to keep an office in Manhattan. Don't you know that?? It would be cheaper to have a nearby office in Brooklyn, Queens, or even NJ. It doesn't make sense from a financial point of view to keep an office here which you don't even need. If you don't care, fine drop it. I was just giving you something to think about even though you are soooo sure that they have nothing to do with America.

The point is you should be the one answering these questions, not me. You're lucky im even bringing them up.

I am not upset, I just thought it was a dumb question to be honest with you. Office rent expense.......that is sooooo immaterial for a corporation. Thats not even something an investor should pay attention to, who the hell cares?

http://finance.yahoo.com/q/is?s=AOB&annual

[ClA]

interesting....makes sense, but you know what really urks me....all the articles published on msn money and yahoo finance all gave the impression that if the fed upped the rates again, the market would drop, but if they maintained the same rate the market would continue on its upswing....

that really pisses me off, all finance guru's tell you to read read read so you understand how the market works, and adapt to situations like these....yet everything you read is fucking bs....its amazing how media outlets can get away with intentionally printing misleading information....

Which part was misleading? :dontknow:

Interest up ---> Money goes to Bonds ----> Less money in stock market.

Interest down ---> Money away from bonds ---> More money into stock market.

Which part was misleading?

[Aphex]

I am not upset, I just thought it was a dumb question to be honest with you. Office rent expense.......that is sooooo immaterial for a corporation. Thats not even something an investor should pay attention to, who the hell cares?

http://finance.yahoo.com/q/is?s=AOB&annual

well i still think there is more to it then just amex, but I guess you would know better.

[ClA]

As an investor, I don't need to know what they do day to day in the NY Office. That should not be my concern. How much they paid for rent? That is not even material enough to change the earnings per share even if rental expense increase 100%. Just too minor.

I know they are getting FDA approvals, and some products are already approved. Maybe some products are even being developed in the US.

[Azzurri]

Which part was misleading? :dontknow:


just the way they talk about it in the articles....all the articles i was reading in the morning yesterday more or less read like this:

"traders have pushed the market up this morning showing that they are pretty positive the fed will keep interest rates where they are."

what i get from statements like that is, if the rates stay the same, the market should jump higher once the official announcement is made....well the traders were correct and the fed kept interest rates right where they are, yet once the announcement was made, the market tanked....i know these analysts that put out the news arent that dumb or else they'd be out of a job....

i understand that interest rates up mean stock market down, and vice versa, but if that is the case then the financial media outlets should be reporting just that....analysts have already gotten in big time hot water for publishing bogus buy and sell ratings on stocks, so it wouldnt surprise me if they would do the same with market guidance....

[Aphex]

As an investor, I don't need to know what they do day to day in the NY Office. That should not be my concern. How much they paid for rent? That is not even material enough to change the earnings per share even if rental expense increase 100%. Just too minor.

I know they are getting FDA approvals, and some products are already approved. Maybe some products are even being developed in the US.

Thats what I wanted to know about. I am interested ;)

[ClA]

Ok, I read their HK website, their products are developed by UC berkeley.

US Patent# 09/303,814 (http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=09%2F303,814&OS=09/303,814&RS=09/303,814)

I feel much better about my investment now. And this explaints why they are called "American Oriental Bioengineering Inc", and have an office in the US.

[ClA]

Watch their promotional clip (in cantonese).

http://www.bioaobo.com.hk/images/vedio1.wmv

http://www.bioaobo.com.hk/images/video2.wmv (This girl pretty cute).

[ClA]

AOB highest today $5.36 so far.

Currently $5.35. Up while the market is down.

Earnings coming Monday, don't miss the boat.

[ClA]

$5.43!!

See what I mean?

[ClA]

http://finance.yahoo.com/q?s=AOB&d=t

After hour 5.50.

Wow. Exactly as I've planned. Two weeks before earnings, this will run.

I am in 4 figures gain already. Hope we gap up some more on Monday.

[ClA]

http://news.yahoo.com/s/ap/20060813/ap_on_re_mi_ea/un_mideast_fighting

Monday stock will be UP.

[tit]

People, please know what you are doing before dumping money intro stocks, because stocks goes up AND down, and if everyone knows its going up, then the stock would be very expensive already. And conversely, if everyone knows a stock will down down, the price will be low to reflect this consensus already. What that means you can't trade based on public information that's ALREADY PUBLIC. That's why if you trade on insider (note:non public) info, you'll make millions, but it wont do you any good when you go to jail.

So how do you buy stocks? Buy at least 5 stocks in different sectors and preferably in different countries. Then Hold, then prosper. It's useless to time your buying and selling, unless you know something noone else knows, you're just making a guess, and I dont think most of you want to put your money in a guessing game.

And finally, remember, every stock you buy is sold by another trader, and the vast majority of traders are from large finance firms such as brokers, funds, banks, most of these traders has studied stocks all their life. If they're selling this stock to you, do they know something you dont know? So please do your research before putting money in stocks.

[iowa-rsx]

nice play cia

[Azzurri]

It's useless to time your buying and selling, unless you know something noone else knows, you're just making a guess, and I dont think most of you want to put your money in a guessing game.

not really, there are plenty of ways to time your buying/selling and they are hardly useless....its very simple actually, it just takes a bit of studying the individual stocks you are planning on trading....volume and price charts can be a giant crystal ball if you know how to read them....

its obviously easier to buy, hold, and sell long term to make money, but with the proper bankroll its very simple to trade short term and be highly profitable....

[blacK20]

im relatively young (22 yrs old), but im interested in this thread
recently learned about using candles, mac D, stochastic (sp), support lines, blah balh balh
the basic tools for analyzing graphs

anyways, just wondering how many of you out there trading options, specifically PUTS
or even shorting

i have no money to invest, but im trying to gain as much knowledge as i can until i become financially ready

[ClA]

People, please know what you are doing before dumping money intro stocks, because stocks goes up AND down, and if everyone knows its going up, then the stock would be very expensive already. And conversely, if everyone knows a stock will down down, the price will be low to reflect this consensus already. What that means you can't trade based on public information that's ALREADY PUBLIC. That's why if you trade on insider (note:non public) info, you'll make millions, but it wont do you any good when you go to jail.

So how do you buy stocks? Buy at least 5 stocks in different sectors and preferably in different countries. Then Hold, then prosper. It's useless to time your buying and selling, unless you know something noone else knows, you're just making a guess, and I dont think most of you want to put your money in a guessing game.

And finally, remember, every stock you buy is sold by another trader, and the vast majority of traders are from large finance firms such as brokers, funds, banks, most of these traders has studied stocks all their life. If they're selling this stock to you, do they know something you dont know? So please do your research before putting money in stocks.

I don't know if you've read the thread....but read back my call on AOB three weeks ago. Enough said.

Your advice is not bad......its good for people that doesn't think for themselves and only listens to people's advice for investment decisions.

[TopShiz]

I bought some BIDU recently. What do you guys think about this stock? It's definately a solid company and it's growing very fast along with China's growing internet community (4th largest website in the world based on traffic). Recent earnings report was good but the stock price plummeted. Do you guys think this stock will be back up anytime soon?

[jmtomaz]

People, please know what you are doing before dumping money intro stocks, because stocks goes up AND down, and if everyone knows its going up, then the stock would be very expensive already. And conversely, if everyone knows a stock will down down, the price will be low to reflect this consensus already. What that means you can't trade based on public information that's ALREADY PUBLIC. That's why if you trade on insider (note:non public) info, you'll make millions, but it wont do you any good when you go to jail.

So how do you buy stocks? Buy at least 5 stocks in different sectors and preferably in different countries. Then Hold, then prosper. It's useless to time your buying and selling, unless you know something noone else knows, you're just making a guess, and I dont think most of you want to put your money in a guessing game.

And finally, remember, every stock you buy is sold by another trader, and the vast majority of traders are from large finance firms such as brokers, funds, banks, most of these traders has studied stocks all their life. If they're selling this stock to you, do they know something you dont know? So please do your research before putting money in stocks.

good call..ill wait till im a few years in a ibank before i start anything

ibank experience> anything else

im doing anaylsis in UnitedHealth Group. Not that i say i bought stock in them, but with actual finance info such as "beta" its on the rise from a steep drop. my analysis is on perliminary.

http://finance.yahoo.com/q?s=unh

[ClA]

http://news.yahoo.com/s/ap/20060813/ap_on_re_mi_ea/un_mideast_fighting

Monday stock will be UP.

Its Monday and the market is up.

http://biz.yahoo.com/ap/060814/wall_street.html?.v=9

Oooooohhhh, how did I forecast the future? I must be God.

[Aphex]

ISBL down to .009x.01

I am buying back in here. Anyone interested in joining me? Heh ;)

[Aphex]

moving up now... I hope it goes up enough for me to sell today.

[Milky Lemon]

the thing you have to realize is

in a bull market, it's easy for people to pretend to time the market and think that their gains are a result of their "skill".

want proof? look how shitty this thread is compared to previous incarnations. direct correlation with the uncertainty of the current economy

if the us ever hits another recession, we'll see who the true experts are by who is able to minimize their losses, or even able to pull off gains

and where were these stock threads during 2001-2003?

[ClA]

Wait.........can you please list out members of this board who claims themselves to be "true experts"?

1)
2)
3)
4)

??

[Azzurri]

are you kidding me, its a stock thread on a car forum that caters to 20 year olds, what exactly are you expecting for advice....

timing entry and exit points for stocks is easy, its basic trading 101, buy a book, read about long term and short term support lines and have a go at it....

and who every said the market has to be bullish to make money?

[iowa-rsx]

its easier to make money and guess in a bull market. it takes skill to find bull makets in a bearish economy.

[tit]

If there is a predictable pattern in the way stock prices move, then sooner or later, people will notice, and buy when its low, and sell when its high. when everyone does that, the pattern will be gone. since buying raises prices, and selling lowers it.

And to buy and sell based on public news is useless too because you and 10zillion other people also knows the info. As soon as the news is released, the price will move immediately. Any further moves in prices will reflect any new news, which could be bad, neutral or good.

Studied have proved again and again that very very few people can beat the market. The few who does, they may just know something noone else knows, or a byproduct of statistical normality similiar to monkeys playing coin toss, if enough monkeys play, there's bound to be a few who gets 10 heads in a roll.

[Azzurri]

AOB got smoked the last two days, its trading at like 4.80 right now....

[loading...]

AOB got smoked the last two days, its trading at like 4.80 right now....

:( :crying:

[ClA]

AOB got smoked the last two days, its trading at like 4.80 right now....

Yeah man. Tell me about it.

The earnings were kinda disappointing. Up 1 penny from 8 cents to 9 cents. 12% increase in value.

Problem is the share number increasing from last year......which is having an affect today.

As of today, I don't know what to predict.

[ClA]

If there is a predictable pattern in the way stock prices move, then sooner or later, people will notice, and buy when its low, and sell when its high. when everyone does that, the pattern will be gone. since buying raises prices, and selling lowers it.

And to buy and sell based on public news is useless too because you and 10zillion other people also knows the info. As soon as the news is released, the price will move immediately. Any further moves in prices will reflect any new news, which could be bad, neutral or good.

Studied have proved again and again that very very few people can beat the market. The few who does, they may just know something noone else knows, or a byproduct of statistical normality similiar to monkeys playing coin toss, if enough monkeys play, there's bound to be a few who gets 10 heads in a roll.

http://evula.org/dragoon/pics/captain.obvious.jpg

[Aphex]

*stupid image*

damn can you please quit trolling. not everyone knows that. :rolleyes:

[iowa-rsx]

yeah im waiting a while to do some serious trading. im gonna put 400-500 a month in the stockmarket and re-invest the interest. since i'll have my car paid off it'll be like having a car payment.

[ClA]

http://biz.yahoo.com/iw/060821/0155744.html

WTF? QBID is not dead yet? Oh well, I am still holding 26,710,891 shares. LOL

Just give me 1 cents and i'll be happy. In my dreams.

[hltommy2]

http://biz.yahoo.com/iw/060821/0155744.html

WTF? QBID is not dead yet? Oh well, I am still holding 26,710,891 shares. LOL

Just give me 1 cents and i'll be happy. In my dreams.

still talking about qbid? the only way you are gonna get any money out of it is by keeping the physical stock certificate and hopefully 90 years later you can sell it as an antique.

[ClA]

Thats not the only way.

Section 1244 stock loss on small business liquidation, not subjected to $3,000 capital loss limitation. I figure I'd get $6,000 back from taxes once the firm liquidates.

After all this time, I can't believe I got a PR in my e mail today. I doubt I'd get shit back from the investment.

[exzip]

hey cla..., what's the deal with qbid? cinema something bought it. i can't decipher that crap. all i know is that it was toast b/c of frank and now it's back. so does mean all the shares we had are still good? i should've just stayed in hong kong instead; i didn't bother checking any stocks. now that i'm back, i'm worried about my finances again.

[Aphex]

after this next hill might want to get rid of AOB if you still own it. I see a downward trend forming.

[Azzurri]

might wanna check out lowe's (LOW)....it hit the skids recently and is down from like 32 to around 26....most likely it wont sink too much lower and is generally a good stock with a nice dividend....

[TuRb0rSx]

XKEM went up 38% Friday. Could be on the verge of the drive back up. I think this is good price to get in if you can. It can't go that much lower. Lowest is .02, which is the 200dma. To me, risk < reward. See what happens Monday. GL.

[ClA]

after this next hill might want to get rid of AOB if you still own it. I see a downward trend forming.

I sold all my short term holdings today at $5.25. $894 profit. The way this stock is trading, looks risky on short term, I decided to lock on to my profit and buy in again at lower price.

Still holding 2,034 shares long term.

[Aphex]

I sold all my short term holdings today at $5.25. $894 profit. The way this stock is trading, looks risky on short term, I decided to lock on to my profit and buy in again at lower price.

Still holding 2,034 shares long term.

nice. $894 will buy you some cool things.

[ClA]

Well one hour after I sold, stock jump to 5.60 and now stable around 5.35 to 5.41.

I knew it, always happens like that. I made $900 less in one hour. Oh well, can't win it all.

Still holding long term shares, waiting for chance to put my funds back into AOB for short term gains. The way AOB is traded, we'll see $5.00 again before next earnings report........

I put a buy order at $5 just to test my luck for the next few months.

[ClA]

nice. $894 will buy you some cool things.

$894 divided by $24 = 37.

[TuRb0rSx]

XKEM is up again today.

[ClA]

Aphex, now that I sold my short term AOB holdings, cash sitting around in my account, got any good short term trade stocks you'd recommend?

[iowa-rsx]

might wanna check out lowe's (LOW)....it hit the skids recently and is down from like 32 to around 26....most likely it wont sink too much lower and is generally a good stock with a nice dividend....

a home improvement stock might be a little risky with the collapsing housing market. mah 2 cents

[ClA]

a home improvement stock might be a little risky with the collapsing housing market. mah 2 cents

Not even with Katrina?

Any information on why the drop?

[CsT]

Try LBIX, loaded some during the pullback period at around 4.68 and unloaded at 5.25 today. This stock is going to stay strong into earnings in Sept.

[blingtegra]

a home improvement stock might be a little risky with the collapsing housing market. mah 2 cents
Kramer says otherwise. He compared Lowes and Home Despot (as he says it) and he's leaning towards Lowes even with this housing market effect.

[ClA]

Kramer says otherwise. He compared Lowes and Home Despot (as he says it) and he's leaning towards Lowes even with this housing market effect.

You listen to Cramer?

[Aphex]

ClA I really don't but I'll check tomorrow if I have time. I've been playing ISBL for a while and made some nice cash on it but right now my money is sitting in the account. I've been too busy at work to play, and don't have time to research these days. No research = sloppy.

You can tell I've been busy because I haven't been makig fun of you as much ;)

[beowulf7]

I'm a little late to the party here. I remember the first stocks thread ClA had before I went on hiatus from CR. Anyway, I want to invest in a finance company, since that is missing from my portfolio, which I admit is too heavily tilted toward tech companies.

I have it narrowed down for the most part to the following 5: Bank of America, JP Morgan Chase, Citibank, Wachovia, and Wells Fargo. Not that I'm looking for people on telling me what to do, but I would like to get people's opinions on these companies, either as customers or as stock investors. TIA.

BTW, ClA, how did that taser company you invest in turn out? I remember that from a couple years ago.

[Azzurri]

a home improvement stock might be a little risky with the collapsing housing market. mah 2 cents
Any information on why the drop?

that is why it dumped to 26 from its high of ~35, stocks have pretty much already adjusted for a housing slow down, remember if you've heard the news publicly, its already too late....lowe's is a good stock regardless of housing boom or not, people are always doing improvements, and there are always contractors with work....now is a good time to take advantage since it dumped like 25%, and its already up over 27 since i recommended last week....

[Aphex]

ClA I can probably find some gapper for you to play tomorrow. Let me know if you're interested and I can probably tell you what to buy around 3:00-3:30 PM EST. ALL IMO obviously, be careful.

[ClA]

BTW, ClA, how did that taser company you invest in turn out? I remember that from a couple years ago.

Taser?? Damn that was a long time ago. I made $600. My first time trading and first winning.

[ClA]

that is why it dumped to 26 from its high of ~35, stocks have pretty much already adjusted for a housing slow down, remember if you've heard the news publicly, its already too late....lowe's is a good stock regardless of housing boom or not, people are always doing improvements, and there are always contractors with work....now is a good time to take advantage since it dumped like 25%, and its already up over 27 since i recommended last week....

I'll look into it.

But I have a strong feeling American economy will not improve anytime soon until the war stops. Investors are still in fear, and all talks are in Asia developments now. The over all "mood" in US investment does not promote confidence. Big corps like LOWS, Yahoo, Ebay.....all reflect the US economy as a whole.

I found this firm that is growing.

http://finance.yahoo.com/q?s=HITT

[Aphex]

DIAAF looks good to buy now, sell tomorrow

[ClA]

No. Why?

5 days high....and looks like dropping. Why the buy?

http://finance.yahoo.com/q?s=DIAAF.OB

[Aphex]

No. Why?

5 days high....and looks like dropping. Why the buy?

http://finance.yahoo.com/q?s=DIAAF.OB

Technicals look good to me and there is a surge of volume. I think something is happening and the gain should continue through tomorrow. Oh well too late now, I guess we'll see tomorrow.

I didn't spend much time on this one.

[ClA]

I sold 70% of my AOB. Now only holding 885 shares.

I have a feeling it'll drop back down. Big jump last few days with no news.....this price won't hold. Hoping to buy back around low $5.

[beowulf7]

Taser?? Damn that was a long time ago. I made $600. My first time trading and first winning.
Cool. Yeah, it was a long time ago. I haven't bought any stocks since then. :( But I've kept my mutual funds contribution going.

I need to add a finance company and maybe also a B&M merchant, such as Target/Lowes/Home Depot/Wal-Mart (although I'm not a fan of the latter).

[ClA]

Just as I expected, AOB tanked today. Good thing I sold.

Buying back around 4.85.

[beowulf7]

DJIA hits a 3-month high. (http://money.cnn.com/2006/09/01/markets/markets_0445/index.htm)

[iowa-rsx]

im buyin some investment books today... tryin to get educated

[beowulf7]

im buyin some investment books today... tryin to get educated
I've recently read The Citizen Investor (http://www.amazon.com/Citizen-Investor-Power-Ownership/dp/0974319007/sr=1-2/qid=1157213757/ref=sr_1_2/102-7262531-3285707?ie=UTF8&s=books). It's a pretty good book. Some may not like it, though, b/c it preaches the traditional buy-and-hold investment methods, which the author claims, in the long-run, is far superior to day-trading. :thumbsup:

[ClA]

I am trading ECCI now.

Penny stock.

http://finance.yahoo.com/q?d=t&s=ECCI.OB

In at .11, waiting to sell at .12.

[Azzurri]

might wanna check out lowe's (LOW)....it hit the skids recently and is down from like 32 to around 26....most likely it wont sink too much lower and is generally a good stock with a nice dividend....

now trading @ ~29

12% in 4 weeks

EDIT: not even 4 weeks, i posted that 8/25

[arizonarsx]

i sold all my stock and am just chillin in money market land.. this economy blows

[loading...]

aob is up again and aapl is doing good. :cool:

[beowulf7]

Hopefully the "pretextgate" scandal won't affect HP's stock. :nervous:

Nasdaq and Dow hit a 3- and 4-month high (http://money.cnn.com/2006/09/12/markets/markets_0530/index.htm?postversion=2006091217), respectively.

[ClA]

ECCI

http://finance.yahoo.com/q?d=t&s=ECCI.OB

This company is a water cleaning management business. Whenever a storm comes, their stock goes UP.

Now it is trading at .09 and is at a low 6 months point.

http://forums.clubrsx.com/showthread.php?t=417934

Me and other stockholders are expecting storms to come late this month and next month.

http://en.wikipedia.org/wiki/2006_Atlantic_hurricane_season

Keep an eye out on this link for updates.

Hurricane Gordon

As Florence moved away, a low-pressure system gradually became more organized northeast of the Lesser Antilles. On the evening of September 10, it developed a closed circulation and was declared Tropical Depression Seven. It continued to intensify, and strengthened into Tropical Storm Gordon on September 11 and Hurricane Gordon late on September 12. Gordon attained Category 2 status on the evening of September 13.

Track of Gordon as of 11 p.m. AST September 12As of 5 p.m. EDT (2100 UTC) September 13, Hurricane Gordon is located within 30 nautical miles of 27.0°N 57.5°W, about 570 miles (920 km) SE of Bermuda. Maximum sustained winds are 95 knots (110 mph, 175 km/h), with stronger gusts. Minimum central pressure is 965 mbar (28.50 inches), and the system is moving north near 12 mph (15 km/h). Hurricane-force winds currently extend outward up to 30 miles (45 km) from the center and tropical storm-force winds currently extend outward up to 105 miles (165 km) from the center.


Tropical Depression Eight

On September 11, a tropical wave moved off the coast of Africa. It quickly organized, and on September 12 was declared Tropical Depression Eight.

As of 5 p.m. EDT (2100 UTC) September 13, Tropical Depression Eight is located within 60 nautical miles of 12.7°N 30.7°W, about 445 miles (720 km) WSW of the southernmost Cape Verde Islands. Maximum sustained winds are 30 knots (35 mph, 55 km/h), with stronger gusts. Minimum central pressure is 1007 mbar (29.74 inches), and the system is moving west near 18 mph (30 km/h).


I got in at .10 cents. Selling point is .125.

[beowulf7]

^ This year's hurricanes/TSs/TDs have turned out to be rice. :shakehead

[Mapex]

I can't decide between Sirius and XM. And i'm also thinking about M$... and then Google once it drop closer to the mid 300s

[beowulf7]

I'm still deciding on a financial company to invest in. :dontknow:

[TuRb0rSx]

I still think XKEM is a good buy for anyone with a few extra bucks laying around. They will be at a SCDAA conference next week in Dallas. Just a thought. Stock is up 9% so far today.

Xechem Chairman, Dr. Ramesh Pandey, to Present NICOSAN(TM) Story at 34th Annual SCDAA Conference in Dallas
9/12/2006 7:30:07 AM

NEW BRUNSWICK, N.J., Sep 12, 2006 (BUSINESS WIRE) -- Xechem International, Inc. ( XKEM ) announced today that its Chairman and CEO, Dr. Ramesh C. Pandey, has accepted an invitation to make a presentation on NICOSAN(TM), the Company's promising new sickle cell drug, at the Sickle Cell Disease Association of America's (SCDAA) 34th Annual Conference. The Conference will be held at the Hyatt Regency Hotel in Dallas, Texas, September 27th through September 30th, 2006. More than 500 physicians, researchers, scientists, nurses and others in the medical community from throughout the country and around the world are expected to attend the Conference, which is also expected to draw a number of sickle cell patients and their family members.

Dr. Pandey will speak as part of a Special Panel entitled "Treatment Options and Clinical Trials" on "The Nigerian Experience in the Development of a New Anti-Sickling Natural Herbal Drug." The Company will also set up a poster presentation during the Conference that will afford Xechem the opportunity to present to delegates the credible scientific and medical data that demonstrate both the efficacy and non-toxicity of NICOSAN(TM) (named HEMOXIN(TM) in the US).

According to Dr. Pandey, "It is a fortunate coincidence that this prestigious conference is being held so soon after NICOSAN(TM) was approved by Nigerian drug regulators, National Agency for Food and Drug Administration and Control (NAFDAC) and launched in Nigeria for sale on July 6th, 2006, by His Excellency, Chief Olusegun Obasanjo, GCFR, the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria. I look forward to presenting to the Conference delegates a summary of the very positive developments regarding what we feel is a truly historic drug. Given the few treatment options currently available for sickle cell sufferers, and the proven efficacy and safety of this drug, I have no doubt that the presentation will be favorably received by those in attendance."

[Josh]

I don't gamble.:laughing:

[TuRb0rSx]

Edit: now 15%.

[Aphex]

I still think XKEM is a good buy for anyone with a few extra bucks laying around. They will be at a SCDAA conference next week in Dallas. Just a thought. Stock is up 9% so far today.

Xechem Chairman, Dr. Ramesh Pandey, to Present NICOSAN(TM) Story at 34th Annual SCDAA Conference in Dallas
9/12/2006 7:30:07 AM

NEW BRUNSWICK, N.J., Sep 12, 2006 (BUSINESS WIRE) -- Xechem International, Inc. ( XKEM ) announced today that its Chairman and CEO, Dr. Ramesh C. Pandey, has accepted an invitation to make a presentation on NICOSAN(TM), the Company's promising new sickle cell drug, at the Sickle Cell Disease Association of America's (SCDAA) 34th Annual Conference. The Conference will be held at the Hyatt Regency Hotel in Dallas, Texas, September 27th through September 30th, 2006. More than 500 physicians, researchers, scientists, nurses and others in the medical community from throughout the country and around the world are expected to attend the Conference, which is also expected to draw a number of sickle cell patients and their family members.

Dr. Pandey will speak as part of a Special Panel entitled "Treatment Options and Clinical Trials" on "The Nigerian Experience in the Development of a New Anti-Sickling Natural Herbal Drug." The Company will also set up a poster presentation during the Conference that will afford Xechem the opportunity to present to delegates the credible scientific and medical data that demonstrate both the efficacy and non-toxicity of NICOSAN(TM) (named HEMOXIN(TM) in the US).

According to Dr. Pandey, "It is a fortunate coincidence that this prestigious conference is being held so soon after NICOSAN(TM) was approved by Nigerian drug regulators, National Agency for Food and Drug Administration and Control (NAFDAC) and launched in Nigeria for sale on July 6th, 2006, by His Excellency, Chief Olusegun Obasanjo, GCFR, the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria. I look forward to presenting to the Conference delegates a summary of the very positive developments regarding what we feel is a truly historic drug. Given the few treatment options currently available for sickle cell sufferers, and the proven efficacy and safety of this drug, I have no doubt that the presentation will be favorably received by those in attendance."

I was in XKEM. it's actually very jumpy. I broke even on it and the next day it did +30%.

Oh well can't win em all.

[iowa-rsx]

waiting for sirius to make the jump.... i think it'll do it after 4th quarter earnings. they are suppose to be cash flow positive so i think it'll jump to 9 hopefully.

[rsxtypesartic]

waiting for sirius to make the jump.... i think it'll do it after 4th quarter earnings. they are suppose to be cash flow positive so i think it'll jump to 9 hopefully.
I am wait for that also. Closed at about 4.09 today (i think) waiting for it to drop down to 4.00-3.95 range to buy in

[Mapex]

I am wait for that also. Closed at about 4.09 today (i think) waiting for it to drop down to 4.00-3.95 range to buy in
me too. so Sirius over XM?

[rsxtypesartic]

me too. so Sirius over XM?
thats what I think positive quarterly coming up=more money. Sirius beat out XM in subscriptions this quarter.

[RSXType-T]

currently in IVOW. got in at .50 when they dropped 48% in one day.

looking to sell at .80. been steady so far. *crosses fingers*

[TuRb0rSx]

I was in XKEM. it's actually very jumpy. I broke even on it and the next day it did +30%.

Oh well can't win em all.
Well I am not flipping it. I have 200,000 shares and am long with it.

[beowulf7]

Are penny stocks the only stuff that's discussed here. :dontknow:

[TuRb0rSx]

Are penny stocks the only stuff that's discussed here. :dontknow:
For the most part yea. Assuming the people posting are trying to do the same thing I am, make as much $ as possible in the least amount of time. The way to do it is with penny stock, but the risk is much greater and you have to do a lot of research when you actually pick one and plan on investing a decent amount of money in it. The only way to make comparable money is to have A LOT more capital to invest with in a more established well known company ie Adobe. The price change that a stock like this makes per day is considerably less. For example ADBE went up .51 cents today which is an increase of 1.38% from the previous close. My XKEM went up .003 cents which is 13% increase. Big difference. So yea, we are all looking for an easy way out and many times you will get burned, but when you do get the right one, it all makes up for it easy.

[beowulf7]

For the most part yea. Assuming the people posting are trying to do the same thing I am, make as much $ as possible in the least amount of time. The way to do it is with penny stock, but the risk is much greater and you have to do a lot of research when you actually pick one and plan on investing a decent amount of money in it. The only way to make comparable money is to have A LOT more capital to invest with in a more established well known company ie Adobe. The price change that a stock like this makes per day is considerably less. For example ADBE went up .51 cents today which is an increase of 1.38% from the previous close. My XKEM went up .003 cents which is 13% increase. Big difference. So yea, we are all looking for an easy way out and many times you will get burned, but when you do get the right one, it all makes up for it easy.
Seems too risky for me. I take more of the "buy, hold, and sleep better" approach. In related news, I joined an investment forum. I haven't posted there yet. I'll let you guys know how it goes there. :thumbsup:

[TuRb0rSx]

Which forum?

[beowulf7]

Which forum?
superiorinvestor.net

I did a search for "investment forums" in Google and I think it was the 1st hit, so I signed up. :laughing:

[TuRb0rSx]

superiorinvestor.net

I did a search for "investment forums" in Google and I think it was the 1st hit, so I signed up. :laughing:
Oh. I would recommend 3stocksonfire.com and investorshub.com. Investorshub you can search the symbol of the stock of interest and see what is being said about it at the time. 3sof is kind of like the one you picked, but much better in my opinion. GL with whatever you do and the trades you make.

[beowulf7]

Oh. I would recommend 3stocksonfire.com and investorshub.com. Investorshub you can search the symbol of the stock of interest and see what is being said about it at the time. 3sof is kind of like the one you picked, but much better in my opinion. GL with whatever you do and the trades you make.
Thanks for the recommendations. I just signed up on the 1st hit but I'll check out those other forums as well. I'm looking to research a financial firm/bank and a B&M retail store b/c I don't have any of that in my portfolio. I'm still overweighted in tech. :o

[TuRb0rSx]

XKEM up 8%. I realize this stuff is a big gamble, but I really feel strong with this one.

[Mapex]

Sirius is now below $4. but apparently Howard Stern may be cutting a deal to get back to radio.?

[Azzurri]

Sirius is now below $4. but apparently Howard Stern may be cutting a deal to get back to radio.?

i dont know where they get there news....he spoke about this yesterday on his show and said he has no desire to go back to terestrial radio....he's old now, doesnt know how much longer hes going to stay on the air (doesnt wanna end up like imus)....

after hearing the show on satellite and how much better it is, i cant imagine him taking it back to where he's censored, it makes no sense at all....IMO the news is bullshit to drive the stock down, that way when/if they announce Q4 profit the traders can make a killing....

[Mapex]

hmm. so you think i should buy it now? im taking my money outa dynegy and lucent. dont ask my dad set em up when he worked for dynegy. lol. but i'll have like 800 to buy sirius... its not much but if it doubles i'll be happy

oh and its what CNBC said. he's "in talks w/ citadel?" or something like that

[Azzurri]

hmm. so you think i should buy it now? im taking my money outa dynegy and lucent. dont ask my dad set em up when he worked for dynegy. lol. but i'll have like 800 to buy sirius... its not much but if it doubles i'll be happy

oh and its what CNBC said. he's "in talks w/ citadel?" or something like that

yeah im home sick watching that too....i dont buy it....i have sirius and listen to the show everyday, it just doesnt make sense....besides the only guy i give any credit to whatsoever on cnbc is kramer (and i take anything he says with a grain of salt too)....generally, business news like this is all bullshit and hype to force momentum, it never materializes....

do i think you should buy sirius? i dont know, its pretty risky if you ask me, and 100% profit isnt very easy to do no matter what company you're talking about....theres better things you can do with your $800 than stick it in a stock like sirius....

[Mapex]

like what?

[Azzurri]

watching president bush speak on cnbc as i type this....

since the beginning of his speech ive watched the stock market dump like 40 points....not the first time ive noticed this trend :laughing: :laughing: :laughing:

make that 45 points :D

[Azzurri]

like what?

save it till you have a substantial enough amount to invest in the market....yes it would be great to double it, and make $800, but how feasible is it really? or even to make 50%?....a more realistic goal would be 15%, but 15% of 800 is what? $120? after taxes and fees its not worth the risk....

[b9ev]

Just thought I would bitch here about a situation that I am in since the people here are somewhat investment driven. I have been granted the opportunity to become the largest shareholder(current owner is a friend) in a privately held corporation. There are three problems.

The first problem is that it costs a huge amount. To give you an idea of the magnitude relative to my wealth, if I were to get a loan with 10% down, I would only have 40% of the selling price. This can be overcome by doing a multi-year buyout with the owner financing it.

The second problem is that even though I would be the director, I would only own 49% of the shares meaning that it is possible for someone else to become in control of the company. However, it is set up this way so that government contracts are easier to get because it is also owned in a large part by a female.

The third and perhaps most daunting part of it is that as director, I would have to do contract negotiations with DOE, NASA, etc. I have virtually no experience with that. Also, I recently quit my DOE job to invest full time because I was tired of government work. While not technically the government, the govt is this company's lifeblood.

The corporation has been around for more than 30 years and does rank as one of NM's top 100 most profitable companies and largest employers.

As an aside, the owner is thinking of retiring at around 65 years of age. He already spends 3+ days a week at resorts and has several week+ long vacations overseas per year.

That said, I do have other opportunities that I know for sure I can handle the responsibilities of and also afford with 20% down. There would be challenges to these other opportunities but nothing too serious.

Regardless of which scenario I go with, if I fail it will utterly ruin my finances. If I am a success, I immediately will return to my current level of income after transfer of ownership. The biggest difference is after paying my debts one will net a great lifestyle and the other an extravagent lifestyle.

I just don't know if I am ready right now for such a challenge as the large company, as I think I could get the director to allow me a "small" downpayment.

[iowa-rsx]

howard was fuckin rippin into them people

[iowa-rsx]

googles goin to 500... i should jump on this train

[TuRb0rSx]

Just curious, has anyone like aphex or cia or anyone actually took my advice on XKEM or are watching it. Its up another 14% today. It broke .03 and is currently at .032 at the moment. I think it will go huge given time.

[Azzurri]

Just curious, has anyone like aphex or cia or anyone actually took my advice on XKEM or are watching it. Its up another 14% today. It broke .03 and is currently at .032 at the moment. I think it will go huge given time.

ive looked at it, but i dont touch penny stocks, so if it goes big, i will say nice pick:thumbsup:

[RSXType-T]

Just curious, has anyone like aphex or cia or anyone actually took my advice on XKEM or are watching it. Its up another 14% today. It broke .03 and is currently at .032 at the moment. I think it will go huge given time.
i've been looking at it since it was first mentioned in this thread. to me, they dropped too much and have been see-sawing low ever since. when i first looked at it, it was close to .40. when it dropped to like the .20s, they've been having a tough time coming up.

i am currently in IVOW. got in when they dropped to .50 (-40%) and have been ok so far. peaked at .70 at one point.

another one for the real risk takers looking for a real quick buldge (or a quick indent), CRSVF. first looked at it when it dropped 48%..next day went up 88%. then back down 60%. now back up 47%.

[beowulf7]

i dont know where they get there news....he spoke about this yesterday on his show and said he has no desire to go back to terestrial radio....he's old now, doesnt know how much longer hes going to stay on the air (doesnt wanna end up like imus)....

after hearing the show on satellite and how much better it is, i cant imagine him taking it back to where he's censored, it makes no sense at all....IMO the news is bullshit to drive the stock down, that way when/if they announce Q4 profit the traders can make a killing....
This is going slightly off topic, but bear with me. :o How is Howard Stern's satellite radio show going so far? Is he still a "shock jock"? Is Sirius happy w/ the ratings? TIA.

[TuRb0rSx]

i've been looking at it since it was first mentioned in this thread. to me, they dropped too much and have been see-sawing low ever since. when i first looked at it, it was close to .40.
I'm pretty sure the stock has never actually been to anything higher than .11. The reason it says the 52 week high is .50 cents is because some idiot probably put a buy order in for .05 and missed the 0 and put it in for .5 and the smart guy on L2 saw that and sold to him knowing he would make a shitload of $.

[Aphex]

Just curious, has anyone like aphex or cia or anyone actually took my advice on XKEM or are watching it. Its up another 14% today. It broke .03 and is currently at .032 at the moment. I think it will go huge given time.

i told you I was in it before. I knew about it before you mentioned it.

might look into it again later. thanks man

[Azzurri]

This is going slightly off topic, but bear with me. :o How is Howard Stern's satellite radio show going so far? Is he still a "shock jock"? Is Sirius happy w/ the ratings? TIA.

the show is great, i personally think its better than it had been in the past few ;years....shock jock? i guess, he doesnt go insanely over the top though, its not like hes broadcasting a woman sucking off a donkey or anything....its the same show just with cursing and a little more sex stuff....

ratings? dont know, but since the announcement of stern they've added almost 4 million subscribers, and have out paced xm as far as i know....

[iowa-rsx]

stern just ripped the people that said that he would go back to regular radio. the media outlet that reported it was some half ass radio station with two a.m. stations. he let em have it. he isnt leaving. he made it plenty clear that he is staying

[TuRb0rSx]

XKEM is up another 10% so far today. I'll just stop posting then cause it doesn't serve a point. Last thing I am going to say is I have only been extremenly confident in 2 stocks I have ever purchased and this is one of them. Take it as you please.

[Azzurri]

XKEM is up another 10% so far today. I'll just stop posting then cause it doesn't serve a point. Last thing I am going to say is I have only been extremenly confident in 2 stocks I have ever purchased and this is one of them. Take it as you please.

dont be discouraged from posting just because other people dont share you enthusiasm in the stock....you gotta understand you're pumping a penny stock....look at what happened to qbid? sounded like it had a solid game plan, but it turned out to be all BS....how do we know this isnt the same song and dance? i mean someone already posted that it use to be a 50 cent stock and now its a 3 cent stock, thats what a 1600% downturn?

personally i dont have much risk tolerance, so as i said, pennies are a no-no....

[RSXType-T]

dont be discouraged from posting just because other people dont share you enthusiasm in the stock....you gotta understand you're pumping a penny stock....look at what happened to qbid? sounded like it had a solid game plan, but it turned out to be all BS....how do we know this isnt the same song and dance? i mean someone already posted that it use to be a 50 cent stock and now its a 3 cent stock, thats what a 1600% downturn?

personally i dont have much risk tolerance, so as i said, pennies are a no-no....
that was me and i meant to say .050 that dropped to .030. it was never at .50 from the time that i've been watching it

sorry for any misdirection.

[rsxtypesartic]

well I purchased some stock about a week ago msft and siri. msft has jumped up a bit since I purchased it (26.72 buy)(27.12 right now) and sirus hasn't done a whole lot 3.95-3.91. I was planning on selling msft when I hit 30.00 (if it gets that high) what do you all think?

[TuRb0rSx]

dont be discouraged from posting just because other people dont share you enthusiasm in the stock....you gotta understand you're pumping a penny stock....look at what happened to qbid? sounded like it had a solid game plan, but it turned out to be all BS....how do we know this isnt the same song and dance? i mean someone already posted that it use to be a 50 cent stock and now its a 3 cent stock, thats what a 1600% downturn?

personally i dont have much risk tolerance, so as i said, pennies are a no-no....
2 things, 1st, xkem was never a .50 cent stock, 2nd is qbid is an otc stock aka pink sheet and I would never even think of investing in one like that. I also don't know the story about qbid. Did it have the funadmentals or technicals? XKEM just found the best known cure/treatment for sickle cell anemia and take a look at the chart. http://stockcharts.com/snapshots/85468675.png. The real 52 week high of xkem is about .11 cents. It did take a drop but this past week has broke out of that trend into a bullish trend if you look at the chart. Comparing XKEM to QBID is totally different on many levels. All I'm saying is if people just invested a couple bucks, after today they would have had a 40-50% gain so far. And all this is w/o a PR from the Sickle Cell Conference this Friday and without the Loan PR that should be out soon. That is talking short term, long term you factor in the demand of the drug and revenues after the completion of their factory. It will keep going up, imo.

[beowulf7]

the show is great, i personally think its better than it had been in the past few ;years....shock jock? i guess, he doesnt go insanely over the top though, its not like hes broadcasting a woman sucking off a donkey or anything....its the same show just with cursing and a little more sex stuff....

ratings? dont know, but since the announcement of stern they've added almost 4 million subscribers, and have out paced xm as far as i know....
Thanks for the info. I am curious to hear an episode of "Stern" from sat. radio. I'm sure there are some people who've recorded the show and save them as MP3s. I just haven't bothered searching for them yet on the Web.

Yes, I did hear that Sirius is outgrowing XM in the satellite radio market, but XM is still larger, I believe. We'll see if this trend continues, and if it does, then Sirius will become the leader and I'm sure Stern will get much of the credit, whether he deserves it or not.

[iowa-rsx]

keep up the research on msft... like launch dates and reviews on veisha(sp.) and their new mp3 player... if it looks bad for either of them sell. it's a pretty steady stock otherwise

[iowa-rsx]

sirius will be hopefully cash flow positive after 4th quarter or 1st then once they release earning sell after it goes up... thats what im gonna do.

[beowulf7]

sirius will be hopefully cash flow positive after 4th quarter or 1st then once they release earning sell after it goes up... thats what im gonna do.
If/when Sirius (and/or XM for that matter) starts turning a profit, they'll find a whole bunch of investors who become believers.

[iowa-rsx]

they say they will be probably 4th and 1st and then they'll probably post losses 2nd and 3rd. They will still have a ton of debt to pay off thats why i wanna dump it after they generate positive cash flow so the stock price will be high.

[iowa-rsx]

im crossin mah finghaz for a good holiday season.

[rsxtypesartic]

well the market did really well today. Both the stock I have been talking about msft siri have rose

[iowa-rsx]

msft is not gonna move much right know. i'd dump that and take your gains and dump it into a retail. With the retails getting beat up over 2nd quarter with the high gas prices you should be able to find some cheap stocks. and pray for a good 3rd a 4th quarter.

[iowa-rsx]

wait... on second thought keep msft and ride it to 30. jim cramer said so. lol

[rsxtypesartic]

hey I found some good new released on sirius today...
Sirius Satellite Radio (SIRI) said it had 5,119,308 subscribers at the end of the third quarter, up 135% from its year-ago equivalent total. New York-based Sirius added 441,101 net subscribers in the third quarter, a rise of 23% from last year's net subscriber additions. The company also reiterated its outlook to finish 2006 with 6.3 million subscribers. The stock closed Tuesday at $4.07, up 2.5%.

[beowulf7]

I logged into my E-Trade acct. today after a very long time. I just placed a buy limit order on a retail stock. I also want to place a buy order on financial stock (one of the big 5 I mentioned a few weeks ago) but haven't decided on which one yet.

[beowulf7]

Congrats to the Dow Jones Industrial Average for setting an all-time record high for 3 consecutive days. :cool:

The S&P is probably not too far behind (I think about 12% below all-time high) but NASDAQ probably won't break its all-time high for many years, if not a decade or more. :(

[Azzurri]

lowes (LOW) was pushin 31 earlier today, stablizing around 30.5....up 4.5 points since i recommended about a month ago....will sell @ 31....

[ClA]

CFRI.

I got in on Monday. Up 55% today already. Still growing.

[Azzurri]

CFRI.

I got in on Monday. Up 55% today already. Still growing.

whats the word on it?

[ClA]

I made $6000 in three days already.

Wait, let me tell you in details.

[ClA]

http://finance.yahoo.com/q?d=t&s=CFRI.PK

CFRI is a company in the shipping business.

http://www.conforce1.com/

They are in the process of coming out with a new product, a new Floor for shipping containers. The product is to be out by this month. Right now they are in the second stage of testing for approval, stage three will come very soon.

There will be a CNBC interview this Sunday. Everyone jumped on it this week. I got in on monday, made over 55% today and it's only been two days.

The stock will continue to go up, expecting $2-3 before end of the year.

http://www.hotstockmarket.com/forums/showthread.php?t=40496&page=503

Their new floor is in huge demand. Once the testing is done and got approval for sale, they can start shipping the products out. Orders have been made by shipping lines already.

If you get in today, you will have a good two days gain before Sunday the CNBC interview. Watch out for Monday as people might sell off for profit.

[ClA]

http://smallcapvoice.com/cfri/cfri-10-4-06.html

Listen to the CEO interview made on 10/4/06. He'll tell you all about it.

[Azzurri]

interesting, im gonna check it out....maybe i'll pick up 1000 shares or so....

[RSXType-T]

I made $6000 in three days already.

Wait, let me tell you in details.
you must invest quite a chunk to profit that much in a few days. i wish i can do the same seeing how everyone, especially you and aphex, earning a good amount. too bad my liquid cash on hand is only 1 grand.

[rsxtypesartic]

I just purchased about 1000 shares sounds ok