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Re: wickw50 post# 8768

Friday, 03/30/2012 11:20:10 PM

Friday, March 30, 2012 11:20:10 PM

Post# of 9416
I re-read my post and I realize I come across as a nay-sayer, but there really isn't anything positive to say about the future of $MXMI.

I admit I'm a bagholder in this as well as several others over the years. It happens when you have multiple accounts and take time off. I happened to buy into this one last May then took off for a 1-1/2 month camping trip with very little Internet access and quite honestly also forgot about it. What I have left in it is so high that I'm just going to wait for it to be delisted and have my broker remove it from the account to list as a loss on Schedule D some year.

I never bought into the story, but I liked the share structure for flips and daytrades as long as there was volume. I haven't done my taxes yet so I'm unsure if I ended up plus or minus, overall, but if I made a slight gain from $MXMI flips it wasn't much.

I post my experience here only so that others who might be tempted will read and know to stay away from this stock or play it with caution as ONLY a TRADE (NOT an "investment"), that is, only if any volume ever returns to it so that it can be played again. I don't understand why folks like "robinbanks", who seems sincere enough, would want to continue putting $$$ into this. It's quite pointless, in my humble opinion.

Best of luck to you. :)


Buy the Titanic and Double Down on the Hindenberg!!!

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