Where's it now???? Oh yea, it traded to 0.60 yesterday. 0.60!!!!!!!!!!!!!!!!
Now, you are pumped because they changed their name, changed their symbol, and re-introduced the same crappy product they've been trying to sell, under a different name. Wow!
LOL. When you gonna realize XATA is just another Pinkie trading on another exchange, and that they are more hucksters trying to take your money.
Problem with XATA and most others is, the folks running the game know exactly what they're doing and when, so they almost without fail, make money. If you're really lucky, or can figure out what's going on AND you take too small a position for it to affect the big guys, you might make some money also. Most pinkie investors end up losing though, so the big players can make money. And anyone getting in to XATA over $2.00 clearly has lost money too.
Whereas few would ever play pool for money with someone who was hanging out at the pool hall and said they were a beginner, many folks seem to believe the "This stock is different from all the other pinkies" stories. (remember, I am quantifying XATA as a pinkie as it walks like a pinkie, smells like a pinkie...)
Good luck with the new XRS Corp. Sounds like a Pinkie reverse merger attempt to me. Well, all those convert bagholders need to get out of their paper somehow, right?????
This post is my opinion and should not be used as investment advice.
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