Highly Risky Stock Play [Archive] - OnlineTradersForum.com

ChronicDDL

11-17-2005, 02:03 PM

I recommend anyone who is new to stocks to just move on because this stock is a penny stock that trades on the OTCBB which is a very risky place to invest.

XSNX.OB Named 2005 World Technology Award Winner. XSNX Captures First Place in Energy Category at Gala Event in San Francisco.

XSNX is developing Power Glassâ„¢ â€“ an innovative solar energy technology that allows glass windows to produce electricity from the power of the sun. XSNX is leveraging its portfolio of patents, and developing new technologies, to commercialize Power Glassâ„¢ technology as the solution for integrating renewable power generating properties onto millions of square feet of modern architectural glass and building facades.

Website: http://www.xsunx.com/

Power Glass: http://www.xsunx.com/tech-power.htm

The development of working models provided the foundation for commercial viability showing that the XsunX process may provide an almost 100% efficiency-to-cost gain that may, for the first time, provide return on investment or â€œROIâ€ ratios that make sense. This 100% gain in efficiency-to-cost is based on Company estimates of Power Glassâ„¢ solar cells operating at as much as 50%, or half, the efficiency of conventional opaque amorphous solar cells yet costing as little as 25%, or one fourth, to produce. Final cost to efficiency analysis will be determined upon completion of development.

deepinwonder

11-17-2005, 02:47 PM

XSNX, we do own this stock, probably for the longer term and would like more on dips. It's one of those companies who has a great idea and, at some point, we think their time will come.

We *do not* put a lot of money into stocks like this, which reduces the risk.... but the nice thing is, we don't have to, to have a good amount of shares. And if we let them sit on the back burner for a future date, it's not a financial strain, because we didn't spend much.

GTE, another one we have, is doing nicely, too. Up quite a bit this week because of the test flight they did for the US Navy, don't know if it will drop back down for a better entry point or not. They are going to build stratellites for wireless communication, which will orbit the earth in the stratosphere and cover large areas at one time... who knows? Could be good.

A third we invested a very small amount in is World Water, WWAT. This one isn't doing as hot as the other two, but might be good for future reference, so holding on, for now... :arrow:

ChronicDDL

11-17-2005, 02:51 PM

I am also watching WWAT. You are right about XSNX being a long term play and you should buy on the dips, I was buying as much as I could under 15 cents.

ChronicDDL

12-01-2005, 01:58 AM

It looks like XSNX.OB is dipping a little bit in price right now; if the price falls back into the low 20 cents I will be picking up some more shares. Please do your own homework with this stock and only experienced investors should trade penny stocks.

ChronicDDL

12-05-2005, 04:05 PM

This stock has had some nice gains today. This is not the kind of stock you buy when it spikes up. You should watch for a nice dip and then pick up some shares. Please do your own homework with this stock and only experienced investors should trade penny stocks.

Website (http://www.xsunx.com/)

SEC Filings (http://www.sec.gov/cgi-bin/browse-edgar?company=xsunx&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany)

Stock Quote (http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=xsnx&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=xsnx)

Stock Chart (http://quotes.nasdaq.com/quote.dll?page=charting&mode=basics&intraday=off&timeframe=3m&charttype=ohlc&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off&symbol=XSNX&selected=XSNX)

Financials (http://www.nasdaq.com/asp/ExtendFund.asp?mode=&kind=&timeframe=3m&intraday=off&charttype=ohlc&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&symbol=XSNX&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=full&selected=XSNX)

Investor Relations (http://www.xsunx.com/inv-faq.htm)

optimus25

12-05-2005, 05:23 PM

Thanks for the idea. With energy costs rising and with the sun as an almost unlimited source of power I think there is a great market for this company's product.

Could you imagine the possibilities.

Deep, do you know if there are any other companies that are in competition w/ this one?

deepinwonder

12-05-2005, 08:47 PM

Never heard of solar panels that function as real windows, before finding out about this company. My husband discovered it doing homework on alternative energy, a while back. It's his stock and he loaded up the truck again this morning. It's been selling off, but reversed and is on the way back up, now. Gained 11 cents today, I think that was smart. It really is a great idea with what could be endless possibilities. :lol:

Edit: But I would like to add that some of these small companies do not always do what they are supposed to and that can affect stockholders. Haven't had any problems with this award winner, but a couple of others got "marked" for not reporting on time and we sold them off. Haven't mentioned them on this board, one could be good, too. Waiting to see what happens before I do.

GTE is really holding its own and consolidating in this price range, from what we can tell. It also has possibilities to revolutionize wireless communications, especially in developing countries, because they wouldn't have to build all those land towers that aren't all that reliable, anyway. Supposedly, Columbia has ordered four stratellites, which would cover the entire country. They are also testing communications stratellites for the US Navy, but have not signed a contract, as far as I know. This is all highly speculative, but the stock is on the American Stock Exchange, it's not a penny stock.

bludevil007

12-06-2005, 11:21 AM

After the first post on this stock i started to do my research and now really want in. But it seems that every day there is a spike of another 11 cents. Do you think there will be a dip anytime soon with this one so i can load up? Great move this morning, by the way, deepinwonder. If only there wasnt traffic on the merrit this morning, i may have gotten here in time to do the same. Any thoughts on the whole idea would be great. Thanks in advance.

optimus25

12-06-2005, 12:04 PM

Up .22 last time I checked. I never like buying on such high volume but the company is a great play. Definitely something I'd like to put on the backburner and own for the long term...Long Term capital gains only taxed at 15% :wink:

I really wish I could have read the post on this stock last week.

deepinwonder

12-06-2005, 12:19 PM

We have been buying XSNX in increments. There was a big run up this morning, so I don't know if it's a good time or not. That is always the $64,000 question buying into any stock, I guess. :roll:

optimus25

12-06-2005, 12:23 PM

I definitely think their product is a great idea. I'm surprised that the government didn't have this project in their pipeline. The sun is a great source of energy and it will help relieve our reliance on oil. Now the million dollar question is whether or not it is cost effective to change all our windows.

Willlee13

12-06-2005, 01:24 PM

UP 37.66% SO FAR TODAY

ChronicDDL

12-06-2005, 01:58 PM

I backed up the truck on this stock back in the summer when it was trading at 10 cents. I sold some of my position and am now sitting on free shares. I think we might have a tenbagger on our hands here if you picked up shares at 10 cents.

Tenbagger: A stock whose value increases ten times.

deepinwonder

12-06-2005, 03:01 PM

I don't know about retrofitting all windows, at this point in time, but there is enough new construction going on here and around the world to sustain a decent market for these solar windows, if they think the price is right. Right now, oil is so expensive...

aj14

12-06-2005, 03:16 PM

UP 37.66% SO FAR TODAY

Not bad for a company with no product, no sales, and no revenue...and very little cash....

deepinwonder

12-06-2005, 04:36 PM

That's called "getting in on the ground floor" and why the stock is still so cheap and also so risky, as has been mentioned on here numerous times. This morning, they were saying on CNBC that indicators showed a lot of foreign money moving into our market. I wonder if that's what is happening, here, been too busy and talking too much to see exactly what is up. I'll check back, if I find out anything more. :idea:

Kind of makes me want to get into a few more alternative energy plays, if this is how they are going to act. haha

deepinwonder

12-06-2005, 05:14 PM

I wasn't finding any news, each time I checked, because I don't think there is any. XSNX is up over 50% today and had more volume than SHLD did! Over 13,000,000 shares!! 8O Foreign investors moving in is all I can think of, at the moment, but if I find anything else out, I'll let you know.

deepinwonder

12-07-2005, 12:26 AM

If you saw Cramer's show, tonight, he's talking about solar and a new bill being voted on in California on Dec. 15. This stock is also being talked about more on some websites, one started analyzing it day the before yesterday, volume increased to a million and, today, it was the biggest gainer of all the small caps. More people are becoming aware of this stock, oil is edging back up, and more politicians are trying to figure out how to encourage alternative energy. That's probably why it went up.

deepinwonder

12-07-2005, 03:08 PM

Hello again. :lol:

I found that XSNX was plastered all over the small cap boards, the past two days, analysts were raving about the company, it was the "hot stock to watch," etc, and yesterday, it was the biggest small cap gainer, out of all of them. This leads me to believe that a lot of people who jumped in are short term speculators, along with those who think this could be good long term, and it might take a dip, when they sell out, before going back up. It already has, can't say how much farther down it will go, because there is still that legislation coming up in California on Dec. 15 to consider. We decided to just hang in there, rather than take some off the top for profit, and DH stuck a low bid in to buy more, before taking off for work. I'm not going to tell you what it is, but I got a good laugh out of it. He is so funny... but you know, sometimes when he does that, someone will drop down and pick up his bid, the stock goes right back up, and when he gets home, he sees it was the low for the day. It hardly ever works, but sometimes it does!

ChronicDDL

12-07-2005, 03:23 PM

This pull back today was expected with how well XSNX has done over the last 2 days. I myself was considering selling yesterday at 60 cents but just couldnâ€™t. It is true that XSNX has been talked about on all the small cap boards and that will bring in all the swing traders who will sell there XSNX by Friday. XSNX also will be selling shares to cover expenses which will also move the stock down. Since I am long I would love a nice drop back into the 0.30â€™s so I can pick up more shares even though I could pick shares up at 0.50 and probably still make good money.

ChronicDDL

12-07-2005, 05:25 PM

Some Good and Bad News; the bashers are out in full force and will be scaring investors into selling which means the stock will probably move back down to its pre-run levels. It sucks if you bought in over 0.50 but for the longs it is a nice buying opportunity. I remember back in the summer XSNX was trading at 0.10 and then it had a nice 100% gain up to 0.20 and the bashers came out and the stock fell right back down to 0.10.

Thatâ€™s why I named this topic Highly Risky Stock Play because with penny stocks there are many forces that are working against you.

deepinwonder

12-07-2005, 05:39 PM

I didn't know they were going to do another offering, to keep themselves going financially. I'm sure that's common for new companies, but I don't like the sound of it, if that's the case. I actually recommended taking some off the top, this morning, but so many times one of us has done that, only to see a stock pull back a little and shoot up higher. Can't say that will happen, here, but that's how he played it. This is my husband's stock, not mine, we have separate accounts for investing. I watch his and often trade them, at his direction, because he's not near a computer during the day.

stockmarkettips

12-08-2005, 04:03 PM

I really like XSNX right now. It's estimated their stepping into a market of 7 billion dollars for building-integrated photovoltaics, or BIPV. Also, a high rise building has much more space for Power Glass than it does for solar panels on the top of the building. I see $1 a share coming real soon.

deepinwonder

12-08-2005, 04:08 PM

My husband said he thinks it will fill in and shoot back up higher, too. It has dropped some from profit taking, which should be expected considering the huge run up in such a short period of time and all the hype that surrounded it, but it really is doing pretty well, considering.

deepinwonder

12-09-2005, 11:23 AM

My husband said he thinks it will fill in and shoot back up higher, too.

XSNX is filling in nicely, this morning, eh? GTE is not too shabby, either. :D

ChronicDDL

12-09-2005, 05:32 PM

When it comes to penny stocks anything is possible and it is very hard to predict where a stock will go when it is acting like XSNX. This stock could move back down to the 0.30â€™s or move up into the 0.90â€™s. Nothing has changed with XSNX over the last 6 months except that more investors know about it which is why we have had nice volume and gains; higher energy prices is what got peoples attention in alternative energy.

I donâ€™t want to tell people to sell because the stock could easily move up another 50%, and I donâ€™t want to tell people to buy because it could just as easily loose 50%. Over the long run the stock will move up because they will begin producing the solar film and then glass manufactures will begin implementing it into glass which will be amazing for the stock. But in the mean time this stock might move back down because the MM can do whatever they want.

Buying in now is not a bad idea if you are in it for the long run, but if you are in for a quick swing trade donâ€™t forget that penny stocks fall faster then they rise. I am still bullish on Power Glass but just watch yourself when investing in pennyland. I love penny stocks and donâ€™t want anyone to get burned and then start badmouthing all penny stocks.

Sorry for such a long post.

Prodigy

12-09-2005, 07:44 PM

No worries, great post Chronic, well said.

I'm trading XSNX... I definitely think this stock has potential, especially with the Power Glass (TM) technology. Good short term and long term play.

Cheers bud.

Gonz

12-09-2005, 08:06 PM

I'm long on this one. If it goes up, great, if it goes down, it'll just be an opportunity to stock up on more. I share some of the reticence about penny stocks, but this product is worth the benefit of the doubt.

deepinwonder

12-12-2005, 05:44 PM

Nice day! Remember, that vote on subsidizing solar power in CA is in a few days.... Dec. 15. I wonder how it will go. On the one hand, the state is broke. On the other, if they don't do something to keep the power flowing to their masses, it could be a disaster in the future. Oooh, vote yes to keep the lights on and make us rich. :idea:

ChronicDDL

12-13-2005, 01:23 PM

XSNX seems to meet some resistance at 0.60, if it can break through 0.60 and hold watch out because this stock could move up. But if the MM need to cover any naked shorting they will not let it ride and drop the price to cover themselves.

deepinwonder

12-13-2005, 03:03 PM

Fine, more buying opportunities for us. :lol:

GTE is rocking out, you guys!!! Check out the news on that baby. Deepinwonder, over and out.

ChronicDDL

12-13-2005, 03:50 PM

I see this stock moving up but then at some point it should move back down under 0.40 and that is when I plan on backing up the truck again. Do any of you remember the stock MJET, it had similar movements to XSNX back in the summer and it went all the way up to 0.80 and then back down 0.30, then back up to 0.60, back down 0.30, back up to 0.90; what a wild ride that was.

MJET is now BLHL after a reverse split.

deepinwonder

12-13-2005, 04:00 PM

If they vote for this solar subsidy in Ca, I don't see it moving back down that low in the near future, too much could be happening for it. And if we're not just waiting for a quick profit, then I'm sure others aren't, either, as we are more prone to do that than your average investors.

deepinwonder

12-13-2005, 05:42 PM

Tried to put a lower bid in on GTE today hoping it would get picked up, fat chance... well, there may come a time. Either that, or I'm going to have to chase it up and I sure hate taking that course... but pigs do fly and maybe someday stratellites will too. How do you say that in Mexican? :lol:

Tooty

12-17-2005, 02:29 AM

Risky eh? try CGHI.ob :arrow: potential or complete destruction? lemme know what you think Chronic.

chinaman711

12-17-2005, 10:25 AM

Very nice call on xsnx sure hope it keeps going and you were smart to take some profits on the stock. I have a chinese stock thats selling for 20 cents that could have a nice run too but it was up 53% friday on news. The company is TNTU and i did well with it in the late 90's. I think it went to about $6 and then like many of the other internet plays it crashed. I thought they were going out of business but it looks like new management has come in to try and turn it around. In the 90's they had a deal with msft. and they were the trainer and the supplier to all of the schools in china thru the 12th grade for teaching chinese kids how to use the computer. If the new management can turn this company around it could do well as it has the contacts already in place. This one is very risky but for 20 cents imo its well worth the rewards in the long term. Who knows in a few years Cramer could be talking about TNTU like he did last night with SNDA. One thing is for sure with Cramer now talking about a chinese stock like SNDA he must have a few more on his radar screen. He sure changed his mind from a few weeks ago when he said buy the u.s. stocks that are going to business in china. IMO those will do well but the big gains will be in the small chinese companys who are trying to get china moving in the right direction. It might take a few years but the young people of china are moving forward and the internet is helping them see whats really going on in the world. Cramer will mention XING at some point and time next year if xing comes thru with the sales and earnings they have talked about. Earnings of .17 in 2004, 1.11 in 2005 is the estimate and 1.47 for 06 time will tell. Watch CXTI next week a chinese money maker that could see 6 in a year or 2 imo. Good luck with your xsnx my kind of play.

stockmarkettips

12-21-2005, 02:24 AM

Time to back up the truck again on XSNX. We're going to go south of .40 in the morning and then we're going to go all the way to .80

ChronicDDL

12-22-2005, 02:05 PM

It does seem that XSNX has hit a bottom around 0.40 and holding. I am still waiting for a bigger drop before backing up the truck again. If you are a long then picking up shares at 0.40 would not be a bad idea, just remember that the MM can do whatever they want and if they need to cover themselves they will drop the price to do so.

englishman26

12-22-2005, 03:07 PM

Sorry what's MM??

Btw - I love this XSNX company. Did a bit of research and it's all very exciting. They have a nice website. I think I'm more excited about the technology and the company than I am about the stock but long term the two should go hand in hand.

ChronicDDL

12-22-2005, 05:52 PM

MM stands for Market Maker.

The MM are the guys who do the buying and selling of penny stocks. They can drop a stock if they want; even if it is the best company in the world and they have solid PRâ€™s the MM can drop the price to the point they like and then let it run when they feel like it. They have full control over stocks which trade on the OTCBB and Pink Sheets, if they need to cover some naked shorting (http://www.investopedia.com/terms/n/nakedshorting.asp) they will drop the price of a stock faster then you can say MM.

ChronicDDL

12-28-2005, 03:12 PM

Nice movement today!!!

englishman26

01-04-2006, 11:34 AM

Just sold half my XSNX for a 100% profit! Lovin' it! Holding the rest for the long long term!

optimus25

01-04-2006, 12:38 PM

Time to back up the truck again on XSNX. We're going to go south of .40 in the morning and then we're going to go all the way to .80

Your prediction was close. Nice movement on the stock. I really believe in the company but as a trader it would be good to take a profit right about now.

optimus25

01-04-2006, 12:40 PM

I've been on vacation from this forum through the hectic holiday season and managed to get a couple of my clients interested in the stock before I left. They are sitting on some nice profits.

Thanks Chronic & Deep. I'll definitely be backing the truck up if and when this stock pulls back to pre-breakout prices.

optimus25

01-04-2006, 12:42 PM

I forgot to mention that I know someone that works at a private company that has a similar product. I'll post what information I get from her regarding the industry. From my brief conversation with her I'm very bullish on the possibilities.

englishman26

01-04-2006, 01:40 PM

I'm looking forward to April to see some actual business start happening at XSNX. Very exciting to be watching a company at this stage of it's development especially if/when it's going to be so big!

ChronicDDL

01-05-2006, 04:09 PM

I guess I should have named this topic â€œHighly Profitable Stock Playâ€ instead of â€œHighly Risky Stock Playâ€. LOL

â€œThe universe will reward you for taking risks on its behalf.â€
Shakti Gawain

xboilermaker

01-05-2006, 08:52 PM

I kick myself for not getting some on the last dip, but I was unrealistically hoping for .20. I get this free junk mail that thinks it is headed for $5, so I want it to hold for long term.
http://www.wealthdaily.net/wdtext/gcs_wd.php?id=wd010406gcs

englishman26

01-13-2006, 11:11 AM

BOOOYAHOOO!

01-13-2006, 11:30 AM

Someone's turned on the solar powered rocket under this again this morning. I was really hoping for a pullback to grab some more but missed the brief opportunity it threw out at 0.65 a few days ago. Nevermind!

Btw - that link is scary - I'm pretending I didn't see that!

Hang in there, I'll getcha .50! now at .98. When it gets ta .50 lemme know if ya want .30! :wink: Was that a sonic BOOM I just heard off in da distance! :lol: 10, 9, EGHT!!! 8O

Gonz

01-13-2006, 12:37 PM

If this gets anywhere near .50, I'm backing up a fleet of trucks.

BOOOYAHOOO!

01-13-2006, 03:40 PM

If this gets anywhere near .50, I'm backing up a fleet of trucks.

No you won't! :lol: :lol: You'll be too skeeered to! And rightfully so! :oops:

ChronicDDL

01-13-2006, 04:02 PM

This stock has been hot and running all winter long, when the summer comes around and everyone us using less electricity and are not thinking about the price of there power bill is when I think XSNX will have its bottom for 2006 and I plan to buy a bunch more shares then. I watched this stock all of 2005 and was backing up the truck all summer long when the price was below $0.15, then when the cold came and more people where talking about renewable energy is when this stock took off.

englishman26

01-14-2006, 12:55 PM

In california, where solar energy is really being pushed, if anywhere in the US, they use more electricity in the summer than in the winter.

xboilermaker

01-14-2006, 01:36 PM

As a matter of fact, Englishman is right. That is also true of anywhere else in the northern hemisphere. That is especially for refrigeration intensive businesses, because I used to look forward to huge electric bills in my convenience store, due to several factors. Not only were all types of beverage sales much higher, but had to be taken down to temperature from luke warm off the truck, or in some cases, even warmer, depending on whether you got morning or afternoon delivery. I would think home owners would feel the same effect, because most homes in the region that I lived in were heated with fuel oil, propane, or ngas, but that air conditioning takes electricity.

bludevil007

01-15-2006, 12:24 AM

I've been holding XSNX for a while now and it's been up huge the past few days. Long-term/short-term hold, or cash in now while the getting's good?
Any recommendations would be appreciated. thanks!

ChronicDDL

01-15-2006, 02:24 PM

XSNX put out its financials this weekend. (http://finance.yahoo.com/q/is?s=xsnx.ob)

BOOOYAHOOO!

01-16-2006, 08:21 AM

XSNX put out its financials this weekend. (http://finance.yahoo.com/q/is?s=xsnx.ob)

Nice! I told everybody that earnings don't matter! :lol: If earnings mattered then XMSR and SIRI would both be sub 1.00 stocks. It's all about what sumbody is willing to pay for the stock at any given time. That's the ONLY thing that matters. Sometimes the obvious is a catalyst though, so we'll see if this report causes the frenzied fools to get their butts whooped with XSNX this week. XSNX is really a sub .20 stock masquerading as a 1.00 stock. I think it will begin the long journey back to reality this coming week and sometimes da long journey takes a short period of time. But we shall see.

bludevil007

01-17-2006, 12:45 AM

teetering on selling - somebody talk me out of it, haha. by the way, anyone catch 24 tonight? best show on TV.

englishman26

01-17-2006, 11:28 AM

xboilermaker

01-17-2006, 12:05 PM

I'm teetering on buying. Somebody other than BOO, PLEASE talk me out of it. Cramer said to sell when volume spikes after a big rise, and it is already over twice avg daily volume in first hour and a half.

englishman26

01-17-2006, 12:34 PM

Don't buy here. It can easily pull back to $1 or even it's major support at 0.80. It spiked up to 1.55 this morning, reversed, then bounced at about 1.30. If you really really want in now then 1.30 would be my upper limit for a few days.

Thing is, I'm not really seeing this as a trade anymore. I made 100% and now I'm letting half just go for it. Free money! It runs so much that it might not come back below 1.30 ever! It's very unpredictable here I'm afraid.

I'm certainly not going to be a Boo and tell you it's going to 0.40 anytime soon! 4.00 maybe!

bludevil007

01-17-2006, 01:40 PM

phew! i held on despite my doubts and its up another 38% right now. doesnt look like this things coming down any time soon.

optimus25

01-17-2006, 03:45 PM

Sold shares in the .80's. Hindsight would have told me to buy, buy, buy.

englishman26

01-18-2006, 02:02 PM

Well it's done a text book pullback to 1.30 again today. Looks strong there since it has been there twice now. If I wasn't in this I would get in now peeps. XSNX @ 1.30.

MrWilson

01-20-2006, 11:26 AM

Do you all still think xsnx is a good buy today at 1.20?

englishman26

01-20-2006, 12:50 PM

Well it could pullback to $1.05 because it has strong support there. I would wait for an upturn - in at 1.25-ish otherwise you might lose some money in the beginning.

CredendoVides

01-25-2006, 03:32 AM

So, where does XSNX go from here? Do you think it keeps going down? I was thinking about picking some up at 1.25. Could it perhaps be entering a trading range that it will stay in for a while?

What do you think about the long term prospects? If this technology really works, I can only imagine what the stock could do! I might be buying some windows with their licensed technology in it for my own house in a few years. Is this the kind of stock that could turn $1,000 into $10,000 in a few years?

Tooty

01-25-2006, 11:57 AM

PLNI.pk Me-likey this one. 8)

ChronicDDL

01-25-2006, 04:04 PM

CredendoVides

01-25-2006, 06:02 PM

CredendoVides, XSNX has already turned $1,000 into $10,000 for me. I bought a nice amount of shares when the stock was trading around 10 cents back in the summer. This was my first Tenbagger since I started trading stocks.

Unfortunately, not all of us were able to get in at such a great price.

Personally, I only got in at 1.04, and then some more at 1.25. So I'm going to need a nice run to $10 to repeat what you've done. :(

So I guess what I'm asking is what are other people's opinions on the long term prospects of XsunX? I suppose we'll know more after April when they start marketing their technology. Of course, everyone else will know by then too!

stockmarkettips

01-26-2006, 12:46 AM

Thursday's going to be another big day for XSNX. XSNX will rise to $10 by April.

CredendoVides

01-26-2006, 02:00 AM

$10!?!?

Don't you think you're being just a bit unrealistic? Or is that a joke?

BOOOYAHOOO!

01-26-2006, 02:25 AM

$10!?!?

Don't you think you're being just a bit unrealistic? Or is that a joke?

He may be right! If XSNX mgmt decides to play on all the idiots that are falling for this line of crap that is XSNX perhaps they will do a 1/20 reverse stock split when this pig is trading at .50, I know for sure it will be trading at .50 sometime before April. :wink:

CredendoVides

01-26-2006, 09:49 AM

BOOOYAHOOO!

01-26-2006, 10:01 AM

Well, who knows, maybe you're right. What's your case for it going to .50? Do you think the whole thing is baloney? A scam by the management?

This spring (April?) is when they're hoping to start up product marketing. The award for best technology that they won makes me feel a bit better about the viability of the technology, although it's possible they won't be able to commercialize it. But unless you know something that the rest of us don't, it seems to me like the potential upside for this thing is huge.

My prognosis is based solely on da technicals and as of yesterday's close .65 definitely will be taken out at sometime in da future based on the TA. On the other hand there is still a possibility that the 1.56 high will go before .65 gets taken out. How much lower it needs to go after .65 is taken out is unclear to me since I haven't been following it for longer than a few weeks as fokes started pumping it. I do know that the move to the upside was an over-reaction though. So I doubt it gets to $10 before April :lol: TA rules! But "viability of the technology" can get yerass kicked! You can hear me now or hang in there and let da mawkets prove it to ya. :wink:

CredendoVides

01-26-2006, 10:25 AM

Well, I'll certainly keep what you've said in mind. Could you be a bit more specific about your TA?

Does anyone else have a take on XSNX's technicals?

bludevil007

01-26-2006, 10:47 AM

Hard to judge a company with no revenue or earnings and only one product. I think the idea is brilliant, and from what i understand, they plan on marketing the product for use in skyscrapers, etc. Who knows, maybe the freedom tower will be made of powerglass, haha. But i have to agree with Booyahoo on one thing - i think it goes down before it goes much higher. I bought at .40, sold half when it hit 1.37. My roommates mocked me for getting into the stock in the first place, but i proved them wrong - this was one of the best tips i've ever gotten. It's been hovering at the 1.20 area - im not sure it's going back to .50, but I wouldnt be surprised if it went down to 1.00 or 1.05 again - i might scoop some up there and average down if it drops in further. Of course, i feel my odds are about as good as they are at the blackjack table at Mohegan Sun. At least at Mohegan there is a Krispy Kreme donuts by the exit so i can drown my sorrows in boston kreme.

BOOOYAHOOO!

01-26-2006, 10:58 AM

Well, I'll certainly keep what you've said in mind. Could you be a bit more specific about your TA?

Does anyone else have a take on XSNX's technicals?

Sure! Here be da TA lowdown on XSNX. Trend bottom at .75 after the first frenzy. Next came a nuddder trend low at .65, lower than .75. That's usually bearish but it coulda been bullish if XSNX first moved below .65 befo it ran too 1.56. A nudder trend low at 1.08 on da way down from da dance o da frenzied idiots. Now it be tryin agin. So 1.08, .75, .65, those are yer "magnet" prices. A good trader would buy no higher than close to those prices. A good trader would take profits the further it moved away from those prices. A frenzied fool would chase da next rally if .65 doesn't fall first. Just that simple. :D

BOOOYAHOOO!

01-26-2006, 11:16 AM

How about a slam dunk stock play as opposed to a highly risky one? :D Here's one that will make you a killing if you play it with outta da muny puts. This pig has all of the ingredents to be a 50% loser sometime during this calendar year, hype, potential lawsuits, it's also in the wrong business for the economy going forward, building supplies. Short USG and hold part of your position until the stock hits $40. So longer term puts will work just great for this pig of a stock. That morning high doesn't even have to go so just jump in on any uptick if you jist wanna short. See a bagholder, trap him! :wink: :D

ChronicDDL

01-26-2006, 02:15 PM

Dudes & Dudettes, this is a penny stock that trades on the OTCBB and anything goes when trading penny stocks. The MM (http://www.investopedia.com/terms/m/marketmaker.asp) have full control over the price and they can move it up or down when they see fit. If they want to drop the stock back down to .30 they will because they can do what ever they want.

I have seen penny stocks with zero revenue and massive outstanding shares and the MM run the stock up 1000% and then let it drop right back down. I have also seen penny stocks with amazing revenues and good news and the MM will drop the price of the stock because it suites them best.

The reason I brought XSNX to this board is because I think it is one of the better penny stocks in the market, but it still is a penny stock and the MM will do what they want and that is why it is a highly risky stock play. If a penny stock that you own goes up 500% the MM donâ€™t have to buy it back from you, they can just wait until the stock falls back down and then they will decide to buy your shares.