Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) Crashes Hard

“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 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.

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 will recover and say it could trade “at well over $2.”

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

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.

Even after yesterday’s crash, XUII 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.

Despite the negative move in price, XUII was still one of the most active penny stocks on the OTC markets. The dollar volume of XUII dwarfed the performance of another popular pump Arch Therapeutics, Inc. (OTCBB:ARTH) and that of Liquidmetal Technologies Inc (OTCBB:LQMT). The latter is a legitimate company with millions in funding.