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| Posted by | Message | tigers102886 Member since May 2008 330 posts

| Medbox (Posted on 11/15/12 at 2:12 pm)
What are the Money Talk Board's opinion on Medbox? It was trading at $3.70/share last week, and it has exploded to $215/share today. Will it continue to rise or will it fall back to earth?
| | Back to top | Share on  | CajunAlum Tiger Fan  LSU Fan Broussard Member since Jan 2008 1583 posts

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I think you missed the opportunity on this one. I do have a purebred pedigreed rainbow unicorn I may be interested in selling for breeding stock. You interested? J/K - people saw this in the Journal, bought a few shares and will get hosed while someone else made a few unexpected bucks.
| | Back to top | | tigers102886 Member since May 2008 330 posts

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That's what I had figured. Had a friend mention it to me on Wednesday after it had jumped from $3 to $10 to $44 early in the week. Didn't expect the Wall Street Journal article to cause it to jump over 300% to over $200 yesterday. Would have been nice to make a few bucks on it had I heard about it a day or two earlier than I did.
| | Back to top | | Ric Flair  LSU Fan Charlotte Member since Oct 2005 6354 posts

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Is there a way to short this on it's way down?
| | Back to top | | TheHiddenFlask  Clemson Fan The Welsh red light district Member since Jul 2008 16386 posts

| re: Medbox (Posted on 11/16/12 at 3:23 pm to Ric Flair)
quote:
Is there a way to short this on it's way down?
Unfortunately, no. I tried to, knowing it wouldn't work, and it didn't. No institutional holders = no shorting. I'd be doing a cartwheel right now if it had gone through.
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