MultiCorp International Inc (MCIC)

[bharveyalamos]

Very good post Dragon 52 ! I am not an expert trader or chartist, but I am active in the stock market on a daily basis and have a very large portfolio. I have done fairly well during the last year with all of the turmoil in the market. Yes I am sort of new to this site too !

I have done a lot of reasearch on XMDC and I can not find anything that is really negative about this stock. Yes, I know that it is a spin-off from a real "dud" ; however, babies have to learn to crawl before they can walk !

First, XMDC has virtually NO DEBT compared to the asset value and that is hard to find today in lower priced stocks. Second, if anyone examines the chart, they will quickly see the trend and it is going only one (1) direction - UP ! !
I got in late; however I increased my position when XMDC took a dip and, therefore, I'm in great shape.

No one really knows what will happen to the height of the price when this merger takes place and XMDC changes symbols and moves to the OTC Board. However, from past expedrience, if the stock takes a big jump and you get out at that point, you got to be crazy. I personally think that those who are willing to stick it out will make a lot of money. You can add my name to that list !