Special situations, long/short equity, micro-cap

MEDL Mobile, A Pump And Dump Scheme? In Our Opinion, Yes

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

MEDL Mobile Holdings, Inc. (MEDL), states that its business consists of developing, incubating, marketing, and aggregating mobile application software or Apps through its subsidiaries. They have made multiple flamboyant claims through press releases in the past such as getting a deal to bring their App Incubator to TV, getting famed rapper 50 Cent to become an official investor in one of their subsidiaries, having launched hundreds of mobile applications which have been downloaded tens of millions of times, and being the third fasted growing public company in Orange County California. This article will examine each of these claims and their...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"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
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details