So out of curiosity - who is MCO? What did they do? and how are...

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19/04/18

17:43

Post #: 32565814
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Originally posted by thebeast ↑

I have been watching the recent activity on the AUL thread and believe it is time to come out of hiding and issue a warning to the young players. I first purchased MCO shares in 2006 and during the following six years added to my holding until June 2012 when they were suspended and I held 850,000 shares. As we all know, the shares are now worthless and my loss is in excess of $140,000. Although I was smart enough to not invest all my assets, I certainly did exceed the recommended 10% of my assets in high risk stocks. Why did I do this? The answer is greed. I listened to the ramping on Hotcopper and fell for the hype. I do not suggest that AUL will not be successful in their endeavour, and I wish all investors good luck, but I caution against the obvious ramping of this stock and the many claims of 'blue sky' and 'a 10 bagger'.
I'm starting to see similar claims on this thread as I did on the MCO thread before the reality set in. With the hype and anticipation of abundant gold from the processing plant the share price quickly moved to about 45 cents. Had I sold then, I would have made a profit of more than $300,000. Why did I not at least sell sufficient to cover my initial investment? Answer - Greed. This will be a '10 bagger', why sell now?
I wish all AUL investors good luck, but be careful.

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So out of curiosity - who is MCO? What did they do? and how are they the same as AUL? And why did you start a new thread when you don't even hold?

AUL Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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So out of curiosity - who is MCO? What did they do? and how are...

Top Stories

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Banshee's historic trenches prove rich in antimony and gold for GDM

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

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Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing