X-Train - XTRN- Express between LA & Vegas

[aravawo]

I've been watching this for awhile now, well about a month. Put in a GTC buy order at .08 today. Its currently at .17. Very thinly traded, so I may be able to score some before it really gets noticed. This is a long term play, as I don't expect interest in this to pick up until they make a final announcement of commencement service in 2011. They are currently trying to pinpoint the location of the station in Vegas. They do have some competition, as there are a few carriers trying to create high speed transit between LA & Vegas. But XTRN could be up and running first, and has vowed to offer access to a lounge/party car to set the Vegas atmosphere.

[archyiigol]

Well the Volume has gone up in the past week, and stock is up to .25. I don't think I'll be getting that fill at .08 anytime soon. I think this might run next week, as we just broke through the .24 resistance on relatively heavy volume for this stock. I'll probably try to pick some up monday and hope to get a quick flip out of this and with luck, buy more if it comes back down.

[Aqndionlj]

I've never got any of my orders filled as the stock keeps inching towards resistance. The stock looks ready to tear through .30 and run soon. It hit .31 but the bid/ask was spread to wide to hold. I may just grab some and hope that the breakout comes soon. Up 12% on 4x average volume today. Still only about $12,000, so IMO if some real numbers move in on this, it will run hard.

Company Update:
The Company is in discussions with AMTRAK and the Class 1 railroads seeking to secure rail services agreements. The Company has hired Transportation Management Services, Inc. for the procurement of 20 bi-level railcars and locomotives. The planned service is targeting a start date of late 2011. The company does have plans for a $15 Million offering soon. IMO this will only increase the number of people aware of XTRN. The offering will most likely be a private placement of restricted shares.

[aqebauyec]

There are a few competitors who are a little behind:

California-Nevada Super-Speed Train. For over twenty years, this project has proposed using Magnetic Levitation (Maglev) technology to carry passengers between Southern California and Las Vegas, traveling at speeds of up to 300 mph. The 269-mile alignment would largely follow the I-15 Freeway. Station stops tentatively include Anaheim, Ontario, Victorville, Barstow, Primm, and Las Vegas. Travel time between Anaheim and Las Vegas via this service is estimated to be less than 90 minutes. Work on this project has been suspended at this time, though scoping for a program-level EIR/EIS and project-specific EIS for the segment between Las Vegas and Primm have been completed. There is continuing Nevada interest in providing an initial segment between Las Vegas and Primm.

[admin]

Well after peaking with one trade at .45, this has fallen to .13. There seems to be support here, but I put my bid back in at .08.

3rd quarter financial reports due out mid-nov. Interested to see if they are diluting to raise that extra capital or if they got a private deal done. That may depend on whether this will make another move north going into 2011.

If you want to get in with a company on the ground floor in a potentially re-emerging transport buisness, Las Vegas Atmosphere, and executives that have experience in the rail industry, this may be your chance. Take a look at some of the links above.

Comments? Anyone else in this or looking at this?