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unevilfavouredness

01/14/11 12:03 PM

#8733 RE: difiore4 #8732

Sorry, we were talking about another gold mining company. Sorry if there was any confusion. MXGD has a market-cap equivelent to the value of a used beat up Nissan Sentra. However, with 2 million shares traded and the low PPS, it attracks sharks and vultures like myself, bottom feeders if you will. If it hits $0.0001 we throw $100.00 at it an buy a million shares and immediately put a sell order for 500,000 shares at $0.0002. It works out really well every once in a while. The risk is $114.00 in and out with the possibility of a reverse split sucking the whole thing dry, however a lot of times you can snap off the 500,000 shares and wait out the storm that brought the company's PPS down to sub-penny. It's gambling, but if this ticks down another mil or two, I will bet $100.00 on this stock. I stress the word "bet". This isn't investing, this is entertainment and gambling.