InvestorsHub Logo

Gaintrader

06/04/15 11:33 PM

#2834 RE: wmyers4u2 #2829

wmyers4u2, that article you posted presents a fair and balanced assessment of MMMW"s operations at the time it was written (post #2811). It brings to a clear point that little if anything of significance has really changed since then either, business wise or financially, other than the product being touted. In other words, it's the same old song and dance, and only the words have changed. We should all also be able to agree, it was not penned to support any "short" position either.

You are also correct in your understanding that MMMW shares are currently a very poor candidate to short for a profit, and there is no evidence that could support any imaginary thesis to the contrary. In fact, the most current OTC short sale information for MMMW indicates NO shares are currently out short as of 5/15, and less than a total of 10,000 shares have been shorted so far in all of 2015:
http://www.otcmarkets.com/stock/MMMW/short-sales .

As a general strategy, significant short positions are only initiated during an abnormally heavy volume and price spike event, where the gains also exceed well over 100% too. A tell tale sign of shorting action is when several large orders are quickly filled at prices well above the posted asking price, and for no apparent reason. This creates an artificially high unsustainable price and much larger spread for shares to fall back into.

IMO you are displaying fine wisdom in seeking clear answers to your very valid questions.

Good luck in getting strait answers and with your investment.