re: mul is a classic pump and dump ASC is a strange stock at the...

re: mul is a classic pump and dump ASC is a strange stock at the moment. Cashflows are not growing which is a worry. I don't see it going anywhere till they can start growing the online business. Just keep an eye on monthly cashflows. Without the online business the stock is worth even less than 6c.

MUL is a dead chook but is still kicking. It's the type of stock a cabbie tells you to buy or perhaps even your hairdresser. No one knows what it does really and the type of rumor is something like "they are about to have some huge satellite announcement and the stock's going to 20c". All the mugs jump on and the stock rises 10 fold. The insiders get out (probably an organised group who started the rumor in the first place) and the mums and dads are left with a whole bunch of paper they can use to put at the bottom of their bird cage.

MUL is a dog of a stock. Avoid at all costs.

Check out the dodgy announcement where they said their stock is worth 35c...lol. All part of the game to get you excited. Keep in mind they are going to get 10% market share from Telstra and Optus with a marketing budget of less than $1m. lol. This is really funny. lol. And people actually believe them.

MUL = rubbish