Sep. 19 at 9:51 PM
$XHLD Hey guys I'm out. I bought in early so I'm still profitable, but Monday's my last. With all the pumpers posting on this site I had to do some DD. I always wondered why for the last few years this company had a high stock price even though they had very low revenues and were always burning money. Then they must have run out of promoters and a warning from nasdaq, because they crashed down to under a dollar, Then reverse split the stock to
$3. Then it crashed again to 70 cents several weeks ago. Then they raise seven million , Then pump the stock to 15, Then it crashs to 8. But this is what got me. What unprofitable company, burning money, just lost 3 million last quarterly announcement , now announces a stock buy back? Or thinks that announcing a new vendor relationship will get investors to buy more stock? These are moves that stock promoters use to pump stocks. Don't be fooled, time to move on. Leave this to the greedy and uninformed. Let me know your experiences.
