Ashraf Eassa
Long/short equity, contrarian, independent research, tech

A $180 Million Company Worth Less Than $0: Short Xumanii

Editors' Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks.

It is unfortunate that all-too-often micro- and small-cap stock fraud occurs in our equity markets. It is all too easy for a thinly traded equity with roughly zero intrinsic value to be promoted to the unsuspecting retail investor. While small-cap stock fraud will never be eliminated, it is imperative that the innocent retail investor not be duped by these scams.

Xumanii (XUII.OB), formerly known as Medora Corp., is a name that is currently the target of penny-stock promotion and I believe that investors not yet in the name should avoid it at all costs and anybody currently in the stock should...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details