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Thursday, May 08, 2014 2:37:46 PM
Why MINE sucks:
1: What stock goes up 20x in a month? A pump and dump!
2: Have you checked the numbers on this stock? Look them up here: http://finance.yahoo.com/q/ks?s=MINE+Key+Statistics
3: What's their Operating Margin?! What's their Return on Assets?! What's their revenue?! What's their total cash?! What's their Operating Cash flow?!
Holy cow! If point number three above doesn't drive the fact that this company is going down in a ball of flames then you deserve to lose your money. You'll be donating to whoever has the power to short this stock....which is probably some illusive market maker! No normal person playing by normal rules would see any kind of benefit by shorting a stock that is $0.02 (significantly less than the $2.50 rule that brokers have for their clients who short (borrow shares). If you need a hand with the type of pattern this company is displaying and other companies that have been their and done that (failed in stock price), just look at GNIN and TALK to name a few. You can easily look up the rest by looking up pump and dumps on Google. They're all their. All the same price pattern. All the horrible financials. All the same suckers with a few pennies in their pocket that think they'll make it big. Honestly...I've been wrong sometimes...but on pump and dumps...this is pretty obvious.
You've been warned. If anything...wait for the dip buy. But don't marry this stock imho. It's rolling down hill...and who knows if there's any buy left in this one.
Suberizedwrx
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