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Thursday, August 15, 2013 8:43:02 PM
No you aren't. If I buy a spec home or car, at least I have the opportunity to put money in after my initial investment and repair damage or improve the asset.
Bravo, Sir, your correction was most appropriate.
Perhaps a better analogy would be- buying a car at auction that comes with a certified certificate of condition written by someone who doesn't have the competence or authority to express an opinion of fitness. Anyone who doesn't immediately grasp the parallel just hasn't done their DD on MDMN.
Everyone should know most pennies fail and are super-speculative; however, our pet project seems supported by those who encourage dissemination of outright lies.
I should have sold the very second Chapin started babbling about the preposterous "dividend". Leave it to MDMN to "give something back to the stockholders" that actually leaves them in WORSE shape than if they had done nothing.
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