Anyone who decides to invest in the stock of a company takes risks, yes. But those who bet on a "stinky pinky" stock takes a great deal more risk.
Yes, risk=reward. But some risks are foolish to take.
It is a WELL KNOWN FACT that investors that invest in penny stocks lose a GIANT percentage of their investments. Do blue chip investors lose some also? Of course. But they win a GIANT more percentage of stock investments than penny traders.
Now will come the BS line that "all I have to hit is one penny that returns 10,000% to make up for all the losers". Sure. But you have to FIND that one investment. What.....1 out of maybe every 100 might give you a return. But looking at ALL the investments made by penny investors, the majority lose ALL their investment capital. Only a TINY few make it.
Let's face facts. If investing in penny stocks had a legitimate chance of making an investor more money than he/she loses? Then you'd see people like Buffet doing it. Do you see people like that involved in penny stocks? NO! NO serious investor looking to build wealth uses penny stock investments.
DBMM is most likely one of THE WORST penny investments out there. Their track record of success over the last 20 YEARS with Linda at the helm PROVES it.
There is no real evidence that ANY type of short position exists, never mind hundreds of millions (or billions) of naked shares. And it doesn't even make sense that Asher (or anyone else for that matter) would have shorted it. Kramer was already making money hand over fist selling the shares anyways! He didn't NEED to short it.
So the lack of a short position makes investing in DBMM a very unintelligent move. But even if it HAD a short position and DBMM became tradeable in the US? EVERY Tom, Dick and Harry shareholder has his/her finger on the sell button! If this goes up a couple pennies? There will be MASSIVE SELLING and the price will DIVE. Only a precious few will get out with a profit.
Owning DBMM is very unintelligent.
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