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Let's have a poll. Which do you think will happen to Maxlife first:
A. They are investigated for securities fraud.
B. They are investigated for insurance fraud.
C. Their stock price collapses and they eventually go bankrupt without the SEC ever batting an eyelash.
D. They eventually buy GEICO off of Warren Buffett.
I'm voting D... Buffett just doesn't bring his A-game like Maxlife does anymore. Maxlife is young and savvy, Buffett is aged and over the hill.
E. Their stock price hits $1000 and they buy Berkshire Hathaway and AIG on the same day.
Actually, their stock would have to hit $10,000 to buy out Berkshire, which would give them a $300b market cap.
oh definitely d. This company is awesome!
The boiler room is really kicking up steam now!
I choose D! This stock has *proven* that some things just ALWAYS go up. :-) Is your money safe in the stock? If the price ALWAYS goes up -- then, well, OK I can't get myself to say it. This stock is doomed. Eventually.
I was thinking they could take on the US deficit while they're at it
I believe that all A, then C will happen.I know personally that the prior agreement with DeLaet and Maxlife is no more.yet there has been no retraction of this agreement to the public or in their filings.
I agree with 132234AB. A will occur for misleading investors, then C.
MXFD has had a solid year and the equity has held up strongly, after buying up a weak bank like Citigroup, I think MXFD can become "too big to fail" and get on the government's bailout bucks list.
At a pick-up bridge game the MXFD CEO got Buffett and Bill Gates soused on some spiked root beer. Both of them signed over their life insurance policies to MXFD for 100 shares each of its stock plus a dozen cases of root beer. When either or both of them kick off ...D.