Mexus Gold US (MXSG)

[Dutch1]

There isn't any shorting worth noting on Mexus.

I never said it was much. But at a stock with little volume, a little shorting can be enough to make it move both ways.

There is very little upside to shorting it and huge downside. Anyone shorting it would be playing odds that really suck.
The short trader can only make money with the share price going from .018 to zero. That's not much.

It seems like you know little about shorting. Going from .018 to 0.001
gives just as much profit as going from $18 to one dollar and there is less change for that to happen then for a penny stock to make a large drop.

Just like if you buy a stock at 10 cents and it moves to 1 dollar, gives you the same profit as a stock moving from 1 dollar to 10 dollar.

It is all about how many shares you got.

Now let's be realistic about the risk. Gitreal says "one would have to be an idiot to short a stock trading around a penny"

If I shorted Mexus at .018 . and all of these 68.700 shares really where shorted.
Then we would talk about a value of $1236.
We also know, that it is pretty safe to say that we do not expect any great results published by Mexus before September 1st.
How high do you think Mexus would go, within those two weeks?
I don't think they will go much higher then 2 cents. So you can take the risk during these two weeks. I wouldn't hold them beyond Thursday 29th. If they hit 2 cents, you would have lost $137.
I don't think that instantly covering that amount of shorts make the price jump much.
The problem would be bigger if you wait until the end and the ask rises.
But the chance is more likely that some just don't like that their shares aren't moving up in these two weeks, so they sell them, Making you able to cover your shares below .015 giving you an over $200 profit. Not much either, but nice if you like flipping shares.
IMHO not risky at all, and nice to get some free shares in those 2 weeks.

So why expect a spike? Because it may always be that some aren't watching the news, don't know about the upcoming PR, just see a stock that has risen in a short time and is now sitting still. Thinking they can short it and then suddenly they are too late.