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Varchild2008 (85.34)

The Langoliers are going to get you!! (MTXX)



October 26, 2009 – Comments (3) | RELATED TICKERS: MTXX.DL

Arrggghhhh!   The Langoliers are coming after me and I think they got me!!! *munch* *munch*

Or at least they sure got a hold of MTXX....devouring it almost whole in the open of the trading day!!  *Yikes*

Therefore, I feel like a miserable liar.... I said my money was reserved for ATVI only... But, the sheer plunge of MTXX made me throw some cash at it this morning.

Warren Buffet says, "Be Greedy when others are fearful."

So I got greedy with MTXX.... And seeing that ATVI at least in the morning hours turned UP instead of challenging my $11.73 target..... I had pretty much no choice but to succumb myself to Warren Buffet 101.

I got GREEDY on MTXX today...... Bought at $4.59...well that was an increase of my previous stake....a BIG increase.

Earnings report for ZICAM is tonight folks.... Will Varchild suffer more pain at the hands of the Langoliers?  Or will he get on board the Jet and take off into the Stratosphere to escape the Langoliers with a huge bag of CASH at his side?

3 Comments – Post Your Own

#1) On October 26, 2009 at 2:47 PM, chk999 (99.97) wrote:

I guess the obvious question is how much liability with they have to judgements against them for people who lost their sense of smell?

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#2) On October 26, 2009 at 2:56 PM, ozzfan1317 (71.45) wrote:

At least the Tommyknockers havent come for you yet..;)

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#3) On October 26, 2009 at 4:25 PM, Varchild2008 (85.34) wrote:

Well.... MTXX has produced a tremendous earnings report!!!  *yay*!!!

Such a "See I told you so!!!!" moment for me:-)

Earnings for the oral brand up 53% from last year!!

The company should be suffering under 32 million dollars worth of losses this year due to legal issues and FDA issues and RECALs and Canada Drug Cancellations.... And so on...

But with the popularity of ZICAM taking off... "Thank you RUSH LIMBAUGH!!!"  The loss is less than $17.5 million!   

As the company pushes ever more sales of Zicam (and I just bought another pack of the stuff yesterday) they will be able to handle the legal setbacks in the future.

2010 is going to be HUGE for MTXX as they put the legal issues behind them and focus on defeating their competitors in the market place.

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