Very, Very volatile Monday coming up for XMDC. Website counter went to zero and Paul put up that message. Event timing traders in XMDC got caught in a blind switch and may try to smash their way out on Monday. Longs figuring out how to move money around and buy the dip. Key is will Paul release news before the bell. Regardless of whether there is news or not....Monday will be a traders dream in XMDC with wild swings and heavy volume imho.
If you are a long in the stock who believes you have two choices depending on your personal situation. If you have money you might get some very cheap shares. If you are out of cash and don't plan to sell....Turn off your computer for a few days and check back later in the week.....You'll just upset yourself watching the wild swings and seeing your account balance bouncing around. It would be like being in the shootout at the OK Corral but you ran out of bullets before the real fighting began.
Dear Shareholders:
Due to the severe weather in California, the company that was building our new site sustained water damage to their servers, and specifically, all of our data for the new website.
We've been working to try and rescue the data and get the site up as soon as possible. I want to apologize for the delay. This has been a very trying 48 hours for the company and I'm sure for you shareholders expecting the new site to be up and running.
As soon as we can, we'll have the site up.
This will not prevent us from releasing pertinent press releases through our normal channels on some key developments we have been working on for the company.
Thank you for your patience and my apologies.
Sincerely,
Paul D. Lisenby
CEO - XTend Medical