Its simple, never follow anyone's advice on H/C. Always do your own research. If you are being influenced by people on H/C its best to not be a member.
t4p (and many others on H/C) just ramp the shares. t4p buys lots of shares early in a company with some (often vague) prospects, then having ramped up the price sells down a large portion so that any remaining shares he may hold are paid for by later shareholders (he calls that being "free carried"), and I hope you and others feel good about carrying t4p.
t4p has quite a following of traders who assist each other with such ramping exercises. This is confusing to investor types who see a rising share price and do not understand what is happening. Its generally best to just steer clear from these shares.
His latest toy is CVI, for which he now writes his silly little stories. I guess he is a frustrated add writer. What will it be next? Maybe he will come back to PSV and have another go at "rescuing" it?
The future of all spec shares, such as MPO, is very uncertain so its not appropriate to put a large bet on any of them as only a small percentage are successful.
PS, since I have a speculative streak, I did buy a small parcel of MPO and am willing to hold for a while. Its one of many specs that I have held and sold over the last 18 months. However, I paid a lot less than 30 cents.
You ought to do some research on MPO before making a decision to sell out. Its possible that all could turn out well in the long run for you.
Good luck and DYOR
loki
MPO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
