NovAccess Global Inc (XSNX): i bought xsnx tuesday and uncovered huge...

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rickotto1

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Thursday, 02/16/2006 12:09:17 AM

Thursday, February 16, 2006 12:09:17 AM

i bought xsnx tuesday and uncovered huge news tonight ! i sent this to my people tonight....here is the letter..make sure to click on the link at the bottom..it has actually gone up from 50%ish to 65%ish for the institutional buying

HI guys and gals....i am feeling REALLY good about my xsnx position...can it be a long term hold? quite probably...can it move down to .25? possibly..but i remain optimistic..why? well for starters today was a nice rebound day...and after the close A BLOCK TRADE PASSED FOR 755,000 SHARES over the ask... total value of
$ 780,000 !! THATS JUST ONE TRADE...we all know that the blocks were big after hours for this tuesday night and on the ask..and then we saw how strong the stock was this morning..will this equate to the same thing?

HERE IS THE BIG NEWS..I DID A LITTLE RESEARCH AND FOUND THAT XSNX HAS BEEN GETTING INSTITUTIONAL BUYING ! YES THAT IS RIGHT..I KNEW that something was up these past few days with the sheer size of these trades..10k blocks constantly for 10,000 dollar purchases every few minutes SO I DID SOME DIGGING..LOTS OF DIGGING... my senses told me this was not RETAIL BUT INSTITUTIONAL INVESTING....just too big for that to be regular joes like us...so i did some looking around and went to an institutional tracker.

. i was FLOORED TO FIND THAT XSNX was being traded institutionally.and BIG TIME.. 27% institutional trades for the month and DOUBLE THAT TO 54% institutional trades for this week ! HERE IS THE LINK..THIS IS NO JOKE. THIS IS HUGE !! VERY VERY RARELY..I MEAN LIKE ALMOST NEVER DO YOU SEE PENNY STOCKS WITH THIS MUCH INSTITUTIONAL TRADING.....TODAY 1 OF EVERY 4 SHARES PASSED WERE INSTITUTIONAL...AGAIN I REPEAT FOR A PENNY STOCK THIS IS NOT THE NORM, BUT THE EXCEPTION... do your own due dilligence...as maybe this will not see the dollar level again..but i LOVE TO FOLLOW THE MONEY..AND THIS TYPE OF THING MAKES ME VERY VERY HAPPY....HERE IS THE LINK... SEE THE INSTITUTIONAL TRADES ARE COLORED IN TAN..THE SECRET IS OUT...NOW I KNOW WHERE THE MONEY IS COMING FROM..I JUST DONT KNOW WHAT INSTITUTIONS !!! normally i dont even look at this chart for otc stocks..cause its almost always nil...
punch up other big otc stocks..such as ptsc and others..you will see tiny institutional trading..ptsc had like 7% for the day and for the month.. and others ,most others have nil !!

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=XSNX&range=7&mgp=0&i=3...