MMEX Resources Corp (MMEX)

[rickotto1]

Simple question to ask yourself before buying or not buying....

What is the risk vs. reward ??

Well, We see this bottoming at .01ish....In other words in our perspective this will not breech the .01 line...

Too many folks watching..too active.. .0105 was a stretch, but we will take it !

Now this has improved since our buy in for 5 million shares a few hours ago..already !


So we ALREADY see the SUB PENNY risk has gone down substantially since we bought.

The REWARD is the other factor...what can be a possible reward for buying this at a penny or 1.3 cents ? A HUGE RISE TO Mid 2s next week....as we know this can do 100 percent in its sleep..so an easy 100 percent POTENTIALLY FAST UPSIDE.....

DOWNSIDE 20% ..give or take.....with that floor helping us at .01..Psychologically everyone will want to buy at a penny ish..already saw that today in spades...up nearly 40 percent after nearly breaching a penny...

On the REWARD side , we may see mid 2s for a 100 percent gainer next week, but we could also see FAR FAR GREATER GAINS WITH ANY NEWS THAT IS SEEMINGLY OVERDUE


IN CONCLUSION..RISK 20 PERCENT...REWARD POTENTIALLY HUNDREDS IF NOT THOUSANDS OF PERCENT...

WE DID NOT FEEL THIS WAY AT 3 CENTS 4 CENTS OR 5 CENTS...THINKING IT COULD DROP TO THIS PENNY LEVEL.. OR LOSSES OF 80 OR MORE PERCENT.......... BUT NOW THE RISK REWARD IS BEYOND IN FAVOR OF THIS STOCK...MMEX