OTCPK:MAUXF - Post by User
Comment by
Ronaldo123on Nov 19, 2015 5:21pm
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Post# 24307171
RE:tax loss selling makes bargains this time of year
RE:tax loss selling makes bargains this time of yearTax loss selling is only a small problem of many with Mart and I don't expect it to ever recover due to bad management discussions which killed cashflow with divy. Cash is truly king and a good mangement team with worth every penny, unfortunalty MMT had neither.
MMT oversold, more like over valued given its terrible cash flow issues. If your think the buyout is going to happen at $.35 when the stock is trading at .10 you must be dreaming. This saviour of a buyout ain't happening at $.35 just like I predicted it wouldn't happen at $.8. Why would a company pay t$.35 when they can scoop up shares for $.10 and slowly gain majority control.
Mart's a gamble, if your a smart investor stay away from this terrible stock which has being on a sliding path to 0 for the past several months. The risk reward for this stock are terrible and I would avoid it at any costs. If you've held on and have a cost over $.50 may be beneficial to sit on it cause you've lost more than half your stake, not much more to lose now.