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Microcap & Penny Stocks : MXMX MediaX Corporation

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To: Sye Walsh who wrote (911)4/18/1999 11:41:00 PM
From: GTC Trader  Read Replies (1) of 955
 
<< I still hold MXMX, although after the reverse split, not much.
>>

Sye,

Usually a stock tanks after a reverse split. This stock reverse split from 5 cents to 50 cents, and now it is over $5. So, while you own only one-tenth as many shares as you did before the reverse split, your investment is worth more than 10 times as much as it was immediately before the split. Be thankful for that. This is VERY unusual.

I have had a bad experience with this stock as well. I paid more than $1 for my shares, so I will remain underwater until the stock reaches more than $10 per share, but just because the company has had extremely poor stock performance until just recently does not make it a scam -- just a bad investment !!! : ' |

Best wishes to us all. May this recent trend continue.

Best regards -- HB
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