Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) Gets a Small Bounce

Yesterday Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) bounced in the last hour of the session after hitting a new low.

XUII closed up 50.88% at $0.043 per share on approximately 7.2 million shares. Usually a 50% gain could be considered huge, but in XUII‘s case it’s not that significant.

The fact is that prior to the last three sessions XUII hadn’t been traded this low, meaning anyone who bought before that is certainly looking at a loss, and some may be looking at losses as severe as 90%.

What’s more, the bounce didn’t happen because of some significant positive development. Instead, it was most likely a bottom bounce, and there’s no reason to believe it will go on more than a couple of sessions.

The company has been dead silent since Jul. 31, and the latest filing dates further back to Jun. 24. Since the company’s fiscal year end is Jul. 31, traders and shareholders shouldn’t expect to see the annual report for another two months or so.

Awesome Penny Stocks (APS) and the other pumper newsletters which used to tout XUII have also been silent since Aug. 6. While the pumpers haven’t officially announced it, it seems they may have actually kept their promise and they may have retired, although their websites are still up.

With the company showing no signs of life, the chances of people who still hold overpriced XUII shares to recoup some of their losses seem slimmer by the minute.