Saturday, December 04, 2010 4:17:32 PM
Actually, they would have lost even more. The day after the stock was reversed and reached $1.50 a share, the owners of MEXP unloaded a bunch of shares and brought the price down to approx. $1.01 a share. This stock hasn't done anything but go down from the day it started trading 3 years ago.
If this company was actually spending investors money to look for treasure, instead of relaxing on land and doing nothing. I might feel that the company wanted to do something for the investors, instead of just taking their money and filling their own pockets with money when they sell shares of stock.
Just my personal opinion
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