New MMEX investors. I'm an old MMEX bag holder. I was here 3-4 years ago arguing that MMEX was going to the moon with the same guys you're here arguing with now. Eat the crow and admit they are/were right and you've been scammed. Stop giving Jack your hard-earned money. This stock will never amount to anything other than a loss of capital. The OTC is the wild west and mostly garbage, especially MMEX.

A RS is inevitable. There are too many shares for this stock to go up much higher than the latest pump took it to. I used to be a believer, but now it's obvious after nearly four years of following it's obvious what is really happening. I'm not going to be as unforgiving as BRoberts, but his assessment is correct. This company is not going anywhere

These statistics aren't true.

I can't wait for it to go to .0001 again. Next year someone will pump it up and I'll make some more money!

MM's trade in blocks of 10,000

35% of all US Dollars in circulation were printed in the last 18 months so this tracks!

We've been around since 2017. We know better than to listen to the people trying to pump this stock. I was in the same boat as you three years ago. Had to learn a lesson. You will learn too.

And that's when you buy and wait for the next wave of believers to artificially inflate the stock! $$$$

Let's say you're wrong. What will you think if this dives back down to trips zeros?

or a slow descent into nothingness again. /crossed fingers.

I don't really take issue with anything you're saying. I was just pointing out that stating they are creating Trillions of shares is misleading. All your other statements I agree. This stock burned me once, now I take advantage of the situation. I've made back 10x my original investment since the R/S so as far as I'm concerned they can keep doing what they do.

I don't get the part where you state there are trillions of shares of MMEX.

Oh yes, we do, until you learn the game they are playing. Now it's just an easy flip if you're patient.

I see where you're going with that but that's not how it works. You're pushing misinformation. Not sure if you're doing it intentionally or just because you don't know any better. But again, I agree with you that it's one of those stocks that gets artificially inflated by uneducated investors and fluff news pieces. You certainly don't need to embellish the details to show that this ticker is a pump and dump. I got in at .0001 and got out at .021. That's profit. Now I'll wait for it to run back down to that again and buy and hold for another year or two until some guy on Twitter pumps it up again. Who cares if they ever build a refinery or solar energy or robot chickens.

You jinked it!

Well that's one way to look at it. I agree a refinery is never going to be built and I agree it's probably a share selling scheme. I think the shares are going to tank again. But spending 100 bucks at .0001 and selling at .02 is not losing money. Also, you are drastically overstating TRILLIONS of shares. 15 billion outstanding shares is a lot but it's a much smaller number than Trillions. This ticker is what it is...A lottery ticket. A tax on the stupid and lucky. Today I was lucky, and to be honest we've all wasted 100 bucks on way worse things than MMEX.

It doesn't look like many are buying now. Lots of people taking profits. Might see a surge after lunch with people buying this dip. Easy money buying a million shares for 100 bucks @ .0001 and selling at .02 this morning. I'll take that trade all day.

Looks like it's found a ceiling at .024. If it can break through no telling what it will do next.

Do you think this can go to .01 with the currently outstanding shares and if so will you explain why or how that happens. The numbers don't work for me but I'm just a regular guy.

Ok, That doesn't even make sense. Tesla and MMEX? This guy is a dreamer.

Yeah, how and why? You're ignoring the fundamentals in my opinion. There are too many outstanding shares, there will have to be another r/s to get to multi-pennies.

It jumped to .0021 and has dumped back down to .0013. This is looking really familiar.

I can't believe there aren't more people trying to sleuth this out and figure out why there is a seemingly random recovery after a year of nothing. There is no news, seemingly no financing, no buy-out, no administration that is in favor of continued oil production, nothing that I can find that would lead this stock to make a 180 and go up in price. Is it twitter pumpers or can anyone dig up any reasons at all for this comeback.

I still fear that this stock has to do a R/S before any significant increases in pps

how?

The only reason it was at that price was because of the reverse split that tanked everyone.

If you assume that it's not a scam, real world events like Biden taking office have real implications on the oil and gas industry. I'm not discounting what you're saying, just offering another roadblock MMEX has to overcome even if it is a scam.

Obviously, it didn't matter. I really think MMEX is dead in the water. Biden is going to start moving us away from fossil fuels, so the oil and gas industry doesn't look very promising.

After all that excitement and talk of big volume, we're still sitting at .0001. This stock can't break the trip zeros until another R/S happens. There are too many outstanding shares. MMEX is being pumped on twitter and other social media platforms and there are new investors buying up huge chunks for cheap. That is all that's happening, unfortunately.

Nothing is happening with this stock. It's being pumped on Twitter for some reason.

Why aren't we hearing anything from MMEX directly?

You gotta feel bad for those people losing their jobs from this closure. It's not surprising that Shell couldn't find a buyer for this refinery. With Biden saying he plans on scaling back fossil fuels the oil and gas industry is in a rough spot.

Why do you think that? Do you have info that would enlighten the rest of us that have become really jaded about this stock? Thanks

Will, I thought the same thing three years ago. Then I've been watching this stock have high and low volume over and over. In my opinion, the price of this stock can't break out of triple 0 until another R/S happens. There are simply too many shares outstanding for it to make mathematical sense for the price to rise.

Don't get overly excited. MMEX has done this exact same thing for the last 3 years. Until you hear there is financing this stock is going nowhere. And if there was legitimate financing we probably would have heard.

Laughing

That wasn't a run, that was a R/S

What are you basing this statement on? There is nothing that indicates this stock is going to move. There is no news, no financing, no reverse split even.

so far today it's lost 99% of its value.