Home > Boards > US OTC > Miscellaneous > Umax Group Corp. (UMAX)

Yes its called MERCY BUYING. Happens all the

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
elkonig Member Profile
 
Followed By 194
Posts 25,105
Boards Moderated 1
Alias Born 04/27/12
160x600 placeholder
elkonig   Wednesday, 03/20/19 03:13:00 AM
Re: Radar02 post# 9843
Post # of 9859 
Yes its called MERCY BUYING. Happens all the time on broke tickers like UMAX. Buys with a minimum number of shares to keep the price inflated hoping others will follow.
UMAX is basically bankrupt. The shares arent even worth the paper they are printed on.
If an investor was a shareholder of UMAX prior to September of 2018 the PPS equivalent today is a paltry 0.0048 and the outstanding share count would be about 70 BILLION.

UMAX management must think investors just fell off a turnip truck somewhere.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences