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Re: medic/ff post# 120552

Thursday, 12/16/2010 8:09:53 PM

Thursday, December 16, 2010 8:09:53 PM

Post# of 212390
medic/ff:

It depends on how long you have owned XMDC. I am counting from way back when the stock price was .08 cents and .10 cents.

I have averaged way down, but who knows how may times this stock has be above .01 cent and then reversed to below .01 cent. Basically, there are two (2) reasons for the price of this stock:

1. No PRs from the CEO and no one actually know what is going on with this stock - just pure "hearsay".
2. There is no telling how many "Naked Shared" that the Market Makers have produced and shorted on this stock. Many millions, at best ! The Market Makers have been allowed to control the price of this stock for a long time. The solution to this is for XMDC to 'buy back' some of the "Float Shares" and force the Market Makers to 'Cover their Naked Shorts', but I doubt that the CEO of XMDC is that smart or has the company funds to accomplish that. If this were to happen, it would automatically force the price of the stock up. If this company were to move to another board to trade, this would be a very smart move to 'buy back' shares and force the price up before moving to trade on another board.