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Posted On: 12/17/2018 4:58:05 PM
Post# of 4466
For those who don't understand thinly traded OTC shares like MMEX, here are some thoughts:
- the Investopedia "poop and scoop" theory doesn't apply to POS scams like MMEX.
- shorting MMEX is problematic - the risk/reward profile isn't there, and the pragmatic aspects of shorting junk like MMEX is such that only market-makers can realistically short as part of the normal trading cycle.
- there have never been any significant short positions, no significant short interest, and no FTD's in MMEX's trading history - that alone is proof that no "poop and scoop" has either occurred, or is ongoing.
Only an unsophisticated retail "investor" would trade MMEX shares anyway - all real, legit investors know it's a scam.
- the Investopedia "poop and scoop" theory doesn't apply to POS scams like MMEX.
- shorting MMEX is problematic - the risk/reward profile isn't there, and the pragmatic aspects of shorting junk like MMEX is such that only market-makers can realistically short as part of the normal trading cycle.
- there have never been any significant short positions, no significant short interest, and no FTD's in MMEX's trading history - that alone is proof that no "poop and scoop" has either occurred, or is ongoing.
Only an unsophisticated retail "investor" would trade MMEX shares anyway - all real, legit investors know it's a scam.
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