MedSmart Group Inc (MSGP)

[trade2much]

stockbus imo this is mainly flippers buying and reselling on news. I did it today 5 times myself before finally exiting. 99% of stocks below .01 are just stock vending machines ATMS for the one guy who runs them.

Flipping for many has made them a ton of $ on this today, but shorting has cost some one an arm and a leg, then too some sold at .0001 and took a loss last week or prior, so they may just express their frustrations as sour grapes.


Imho flippers are not particularly concerned about the underlying security, and how legit it is or isn't. For someone to imply/say, flippers are fools, is at best, ill informed relative to many of us flippers, and at worst just totally devoid of any knowledge relative to the retail pinkie market, be it our motives, methods of trading, or beliefs in underlying companies.
98% of the time I personally just know the symbol, rely on charts and also rely on a very good friend who deals in this market.


Good luck - I was in @ .0002 and final trade .0007 so I guess that makes me a Motely Fool rather than the garden variety you mentioned. lmao


How did you do shorting?