Here's what I love about these stock chat boards....you have this collective mentality that feeds upon the naivety and ignorance of people who buy stocks in accordance with some purpose other than making money...or at least it would seem that way from what you read. "Don't invest more than you can afford to lose." "Hold on because it's going to turn soon." "Or the prolific full page of logical reasons for owning the stock 1-15 reasons."
Basically this stock is headed down...and there has been no indication from management that shareholders can expect anything else. The lack of actionable information on any discernible level is deafening. Anyone at this point who still believes that this stock is going anywhere other than 'sub-penny' is delusional'. I have read all information available about the company and have tried to talk with management several times with no success...which leads me to believe that they are selling their shares as fast as others will buy them. Incidentally....I bought my shares as a 'casino play'. Knowing that 'if' anything positive happened I could use the profit like everyone else....but knowing full well it would probably tank so I could use it as an offset tax wise for other profits made in real companies. The fact that this company can't get out of its own way to make a profit in an industry that rewards even the dumbest of entrepreneurs tells me ......well you get the point. sayonara MXC
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