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Friday, May 11, 2012 1:56:18 PM
You mention shorting. I know of no way doing that in the United States. If you can dig deep enough you should find MMTC financiers are located offshore or have fingers there which can short a cheapie. Panama, Bermuda and Cayman Islands are common resides for those who do. That is what financiers of cheapies do.
On the other hand, companies like MMTC sell the shares to financiers knowing the carnage its share price will suffer.
MMTC = scam. Plain and simple
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