MMEX Resources Corp (MMEX)

[I-Glow]

LMAO! I see the short squeeze nonsense on every OTCM scam board.

No one shorts a sub-penny stock and those that post about shorting are clueless and don't understand the mechanics of shorting.

You do understand that you can't have a short squeeze when no one is shorting the stock.

Call your broker and ask if you can borrow 1 mliin shares of MMEX to short - after he stops laughing he will ask you about the $2.50 rule and you will need $2.5 million in a margin account to borrow the shares.

When you borrow the shares they are immediately sold at this time for $0.0026 per share - so you control $2600 in MMEX stock.

When it drops to $0.0008 you will buy 1 million shares to close out your open position - so you will have made $1800 minus broker fees and margin maintenance fees - so you might break even but you had tied up $2.5 million in investment funds.

Shorting is far more complex that having a long position for one of the price goes up you could get a margin call.

So before posting about a short squeeze - learn the basics of shorting.

IG