{"id":2041,"date":"2013-07-24T12:14:00","date_gmt":"2013-07-24T12:14:00","guid":{"rendered":"\/?p=2041"},"modified":"2013-07-24T12:14:06","modified_gmt":"2013-07-24T12:14:06","slug":"xumanii-inc-fka-medora-corp-otcmktsxuii-crashes-hard","status":"publish","type":"post","link":"\/articles\/xumanii-inc-fka-medora-corp-otcmktsxuii-crashes-hard\/","title":{"rendered":"Xumanii, Inc. f\/k\/a Medora Corp (OTCMKTS:XUII) Crashes Hard"},"content":{"rendered":"

“Now is the time to buy.” That’s what Awesome Penny Stocks (APS) said about Xumanii, Inc. f\/k\/a Medora Corp (OTCMKTS:XUII<\/a>) approximately an hour into the session. <\/p>\n

\"90XUII_chart.png\"Those that followed the advice of the pumpers are now looking at around 44% losses. The massive crash began in the early afternoon. At the end of the session the volume had reached 65 million shares.<\/p>\n

APS and its affiliate newsletters sent emails after the close. They are calling the 44% crash a “retrace.” In the same email the pumpers blame “short sellers” for yesterday’s abysmal results. They also go on about how XUII<\/a> will recover and say it could trade “at well over $2.”<\/p>\n

APS doesn’t have a way out of this situation, other than to continue trying to pump XUII<\/a> to $1. The pumpers promised they would retire if the stock doesn’t go above that mark.<\/p>\n

As mentioned in previous articles, the company has been silent for a while now. There have been no press releases in more than a week now, and the latest filing dates further back to Jun.18.<\/p>\n

Even after yesterday’s crash, XUII<\/a> may still be severely over-priced. At $0.3721 per share the market falls just shy of $127 million. Some level of recovery is not out of the question, but without anything solid from the company it’s unlikely and it would be short-lived.<\/p>\n

Despite the negative move in price, XUII<\/a> was still one of the most active penny stocks on the OTC markets. The dollar volume of XUII<\/a> dwarfed the performance of another popular pump Arch Therapeutics, Inc. (OTCBB:ARTH<\/a>) and that of Liquidmetal Technologies Inc (OTCBB:LQMT<\/a>). The latter is a legitimate company with millions in funding.<\/p>\n","protected":false},"excerpt":{"rendered":"

“Now is the time to buy.” That’s what Awesome Penny Stocks (APS) said about Xumanii, Inc. f\/k\/a Medora Corp (OTCMKTS:XUII) approximately an hour into the session. Those that followed the advice of the pumpers...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[790,857,658],"class_list":["post-2041","post","type-post","status-publish","format-standard","hentry","category-news","tag-arth","tag-lqmt","tag-xuii"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=2041"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2041\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}