Most definitely NOT a mere InvestorsHub-board pump. Got a call from my broker this morning when the XLIT run began. Very pleased to see that my 100,000 shares of this odd little 'company' is now approaching $3,000 in value. I asked said broker WHAT is driving this take-off. She said she's as clueless as me, but that there is clearly something afoot --- big time. Someone on this board said earlier today (sarcastically) that his/her 500 shares of XLIT is now worth a whooping $5.00. The whole point with 'penny stocks' is that one can grab tuns of shares on-the-cheap. Myself, I only mess with the sub-pennies. Regarding XLIT in particular, if it closes above ONE-PENNY, it could be on its way to the Moon. In a couple weeks, I would not be surprised at all if my 100,000 shares is worth $100,000. Such stuff HAS happened in the 'penny stock' world, but rarely of course. I'm HOLDING my shares for at least two more months, to see if some substantive information hits the news behind this curious 'company'. Another poster here said yesterday that the penny speculators may take an interest, but only when some pronouncements are made behind this 'company' --- obvious point, but good point nonetheless. I'm holding, holding, holding. Sell it now? And miss out on this kind of gamble? Are you kidding?!
