Good Morning MPIX Shareholders! I hope every
Post# of 5570
I hope everyone is having a great weekend! It's been 90-95 here in So Cal, and it's a great morning for a brunch at Admiral Risty in Palos Verdes. While a few are being buried in 2' of snow in the Dakatos, I'm not feeling guilty here, lol.
First of all, I'd like to throw out many congratulations to those of you that are now beginning to see some fantastic, long term capital gains positions as many are holding MPIX for just over one year now. A few of us invested in MPIX last September when the stock was trading in the .001-.002s. Coming up this Wednesday, October 9, are the millions of shares sucked up by investors as low as .0008. AviChute, my friend! How are your soon to become long term gains on your .0008/.0009s looking to you now!! Many other friends holding from the .0008 are also deserving of some High Fives! Riseup, UC, wmo, Eats, JohnnyBTender, Mpix Man, Paulina, GreenFever, SimonB, bsmith, Global Gold, Stugots, and many others that I'm probably forgetting. Nice job!
The importance of patience for those that entered twelve months ago or longer? Long term capital gains with great preferential tax treatment. Let's break it down for those that maybe don't know what I'm talking about. For those that invested into MPIX at .0008 last year, they are now up almost 1100% with Friday's close at .0094. That is just about a 12 bagger from the low of last October! So without having the stress of trading in and out while chasing the next promo/momo crap, many here are sitting on some serious gains, while others might be down a bit yet, although I have heard from many that have averaged down from their entries of the .01s over the last few months. The decline from the highs of May and Aug were due to the unexpected delays of the new management team in repairing the numerous administrative issues of the past including accomplishing and removing the DTC chill, restating financials, repairing the share structure through the recovery of 500 million shares, and the list goes on. As of the last release on Tuesday, it now appears that T.E.A.M. is finished with previous management, and they are now ready for the execution of their business plan. IMO, it's now...................GAME ON!