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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (694)11/2/2005 2:43:28 AM
From: Bill Wexler  Read Replies (1) | Respond to of 6370
 
MTXX is the former Gumtech. Same old fraud in a different package. I notice they are still promoting their Homeopathic (translation: quack medicine) "cold remedy".

To answer your question...no I'm not still short - I covered long ago in the single digits (making me right right right - and if you ever want to compare bank accounts, just let me know). However, I appreciate the fact that you bought t back to my attention. I want to find out who's playing with the stock currently, and see how easy it is to borrow.



To: Mike M who wrote (694)5/17/2006 2:23:58 PM
From: Bill Wexler  Respond to of 6370
 
Update on the MTXX stock fraud...

Message 21846708

Conclusions:

1) It is risky to bet on small companies touting a single product in a crowded space (in this case: OTC cold remedies).

2) It is foolish to bet on companies that base their single product on pseudoscience/quackery (in this case Homeopathy). The laws of chemistry, biology, physics, etc. don't change suddenly when you invest in your pet stock.

3) Unhealthy obsession with short-sellers is usually indicative of trouble

4) Frauds such as REFR and MTXX are designed for one thing and one thing only - to transfer wealth from the pockets of suckers such as Mike M into the pockets of much craftier people..such as REFR and MTXX insiders, and much smarter and better-looking people...such as Bill Wexler.



To: Mike M who wrote (694)12/12/2006 12:05:58 PM
From: Bill Wexler  Read Replies (1) | Respond to of 6370
 
Update on the MTXX stock fraud...

biz.yahoo.com

MTXX (formerly GUMM) sells a "Homeopathic" cold remedy that is ineffective and possibly dangerous.

Homeopathy is quackery. Period. Like all medical/scientific frauds, the real point of the company is to sell stock to the scientifically illiterate (much like our friend Mike M). The stock may have a good run for a while - but...inevitably returns to Earth.