Those are the operative words. I do understand where you are coming from, but the institutions don't think like you. They have clients to whom they are responsible.
An individual may deem it acceptable to make a large "to da mooon" gamble on a sub-penny, the institutions do not. They will get in, make some money, then get out quick before the hammer has a chance to fall.
This is not an argument against or for CMKM, only an opinion (based on years of experience) on how the institutions work and their level of risk aversion.