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Medbox

Posted on 11/15/12 at 2:12 pm
Posted by tigers102886
Member since May 2008
1227 posts
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?
Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7871 posts
Posted on 11/15/12 at 4:55 pm to
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.

Posted by tigers102886
Member since May 2008
1227 posts
Posted on 11/16/12 at 8:22 am to
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.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13652 posts
Posted on 11/16/12 at 12:27 pm to
Is there a way to short this on it's way down?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/16/12 at 3:23 pm to
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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