written by reader Alexander Green’s Oxford Communique $3 stock for retirement

By drrhetta, January 6, 2019

Alexander Green is touting a $3 stock that will be the most profitable in the world. It has multi billion dollar deals with apple, microsoft, intel, nintendo,sony, shark, and dozens more. Its earnings per share, according to Green, just surged 106%, and its estimated sales in 2019 are 164 billion dollars. He says that it is a number one stock to retire on. What is it?

Thank you very much,
Loretta Bailey

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Travis Johnson, Stock Gumshoechris Recent comment authors

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Travis Johnson, Stock Gumshoe
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Hi Loretta, they’ve been pitching that one for about six months now (though the ad gets adjusted slightly every now and then) — the stock is still Hon Hai/Foxconn, my article about the ad and stock is here.

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chris

How can this be the one, didn’t he say it pays dividends it pays no dividends? My broker says it has settlement issues so i cant even buy it.

Travis Johnson, Stock Gumshoe
Admin
👍14420

Hon Hai has generally paid an annual dividend, at least through 2018. Didn’t check to see whether they paid one last year.

Every broker deals with these differently, so I’m not sure if there’s currently a blanket issue with Hon Hai ADRs — it’s pretty high volume for an ADR, usually, so it would be odd if there was a persistent problem. Haven’t been particularly interested in this one, but I’d probably try to buy on the home market if I was inclined to invest.