Like watching a bad car accident. It's horrible, but you just can't look away.
Of course in the case of MPIX, it's pretty funny too. I mean how many companies value an asset at $40 million, write it down to $1.6 million in a little while, then realize it's worthless?
And the "we merged", "no we didn't"; "We gave away a ton of stock", "We got some of it back" stories are hilarious.
I receive NO compensation to post ANYTHING. I AM NOT short this stock.
"The world is a dangerous place, not because of those who do evil,but because of those who look on and do nothing". Albert
Einstein