XLI Technologies Inc. (OTCMKTS:MYXY) Is Unstoppable
XLI Technologies Inc. (OTCMKTS:MYXY), now known as OTCMKTS:XLIT, seems to be retaining its upward momentum quite well, in spite of all the uncertainties surrounding the company and its latest dealings.
Investors seem to be pretty happy with XLIT‘s current situation, and more and more of them seem to be committing to the company’s stock with each passing day. But really – should they be that optimistic?
Well, people can hope and dream – dream that one day the company that they are supporting will make it big. However, currently there is no real indication that said dream will not turn into a horrible nightmare once XLIT‘s post-merger financials are made available online.
True enough, if Bosch International, LLC.’s brings resources and potential to XLIT, investors would have a reason for joy. What Bosch would have to bring in to justify XLIT‘s current elevated position is another matter entirely, but not one that should be ignored, either.
Because if the end result of the merger proves anything less than spectacular, XLIT will probably not be able to retain much of its current whooping $81market cap.
Long story short – XLIT is still volatile, so there may be money to be made by opportunistic traders there. However, investors should be wary and keep a close eye on the company’s SEC profile, because the minute that much anticipated merger financial update comes out, it is going to have a profound effect on the ticker.