Replies to post #26777 on Max Sound Corporation (MAXD)

[IoT-]

Someone would have to have really deep pockets and a lot to loose by MAXD becoming a successful company. Someone like google.

MAXD

[grantastic]

That's why it's pointless.

Someone ties up $2,500,000 to short 1,000,000 shares at $0.0003/share.

The maximum profit is $200 (assuming he sells at $0.0001).

What if instead that person puts that $2.5m into a high interest savings account collecting 2%. They will make $4,170/mo.

No one with $2,500,000 (or more) to throw around trying to short some unknown penny stock is stupid enough to gamble on winning $200 at some unknown time when they can collect 20x as much, as a sure thing in interest.

Maybe not pointless so much as impractical and stupidly risky? Wouldn’t you have to tie up a quarter of a billion dollars to short a million shares?