I'd forgotten about that $MXMI video. It would be funny if it wasn't for the fact that Mr. Grady & friends created a bunch of bagholders that will eventually lose everything they ever put into this POS.
~350 million "restricted" shares (~1/2 the OS) on a dark company waiting to be dumped IF this garbage ever gets any volume again, which I doubt it ever will. My guess it will eventually just get delisted due to inactivity. It sucks ass big time even as a dead shell.
If nothing else, what happened here is a good reminder not to put more than you can afford to lose into ANY stock and to set TIGHT stop losses and stick to them no matter how compelling a story might be or how promising the returns might be inflated by the pumpers. You can put lipstick on a pig but it's still a pig! <OINK!>
It's better to pay broker commissions by dumping your losers at a small loss than to hold and HOPE forever, as so many pumpers encourage folks to do on message boards, only to end up losing everything you put into a stock...and NEVER, EVER "invest" in penny stocks. Trade 'em; don't marry 'em!
I have no grudge against "Teffy" (or whatever he's calling himself these days) because I genuinely think he got duped and took a financial hit too. He does seem a bit overzealous at times (he contributed a lot to the "DD" on this board and apparently bought the story hook, line & sinker), but then again so many pump their stocks to death with so much less information on here. I recall some folks on Yahoo stock message boards being merciless to him cuz they can get away with it there - no Moderators or Admins.
Thanks again for posting this video link; it was good for another chuckle! :)
GLTYA
Buy the Titanic and Double Down on the Hindenberg!!!
AI
