MRXT: Willy Wizard Club Members, I am putting out a HUGE WATCH ALERT for next week on MRXT.
MRXT, Marx Toys, has been in some type of negotiations all last week
with UIT over the IM Buddies. I am told that a large toy company
approached UIT wanting to distribute IM Buddies. UIT tried to back
out of contract with Marx Toys but after a press release by UIT last
Monday the two companies are working out their differences.
All news can be found at
finance.yahoo.com
In addition for possible news next week, club members and all readers
should be aware of a huge short position on MRXT. This is an
admitted short by a internet group from internetplays. The owner is
posting at Raging Bull without hiding their short. If you wish to
read for yourself here is a url link
ragingbull.lycos.com
Harken's real name is Tom or better known as IP_Tom. I am told by
reliable sources Tom is short 1.2 to 2.1 million shares by his group
average short .12. This is a lot of MRXT shares shorted and a low
average cost basis. The group is upside-down at this time and if news
comes out this week about Marx and UIT coming to an agreement this
could create a HUGE Short Squeeze.
Bottom line longs if good news comes out this coming week rally the
troops and lets see MRXT go to new highs. I expect news highs to be
reached and even higher highs then what my personal target price has
been .55 to .65 and $1 by year end.
Do I hear SHORT SQUEEZE!!! Don't miss it!!! It's a money-making
opportunity once news about settlement is released!!!!
Thank you,
Willy
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