Xumanii, Inc. f/k/a Medora Corp (OTCBB:XUII) Caught up in Pumper War
Nearly two weeks ago Xumanii, Inc. f/k/a Medora Corp (OTCBB:XUII) started trading actively after the newsletters of Victory Mark (VM) touted the stock. The first session seemed like an explosion, but compared to yesterday, it now looks insignificant.
Yesterday XUII closed up 75.66% at $0.397 per share. The previous volume high from May 1 was 37 million shares. Yesterday the volume reached more than 188 million. The reason was Awesome Penny Stocks (APS) picked up XUII.
This doesn’t normally happen. APS and VM don’t usually pump the same stocks, however, on March 18, both pumper outfits started mailing about Goff Corp. (OTCBB:GOFF). At this point we are not certain which pumper intruded on the other’s pump, but GOFF started running like most APS picks and crashed early on when VM got out of the pump.
APS have a paid service and the paid subscribers are supposed to get their picks ahead of the free ones. Assuming VM were the ones to ruin the pick of APS, it’s possible that now APS are just trying to show who’s boss.
Most pure APS picks run for approximately 4 weeks before the final crash, much like Swingplane Ventures, Inc. (OTCBB:SWVI) did. However, XUII is a unique case. Unlike other APS pumps, XUII has already been pumped and dumped.
On the other hand, like most APS picks, XUII has limited assets, no reported revenues and nearly a million in liabilities.
Getting in early on an APS pump job allows for a pump player to make a profit if they don’t get too greedy. Considering the unique situation of XUII, it may not follow the usual pattern. Being wrong about XUII can be very costly, traders should exercise extreme caution in this case.