Noteworthy Penny Stock Filing: Does WAL-MART DE MEX SP A (WMMVY) Have More Gas ?

November 29, 2016 - By Peter Kolinski

Noteworthy Penny Stock Filing: Does WAL MART DE MEX SP A (WMMVY) Have More Gas ?

The stock price of WAL-MART DE MEX SP A (OTCMKTS:WMMVY) recorded $0.04 in recent trading, touching $18.2 and getting interest from avid investors. It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, WAL-MART DE MEX SP A’s stock was 19.00%. According to the short interest report published recently, (WMMVY) had 5,900 shorted shares for 0 days to cover. The prior short interest was 7,000 for a $-15.71 change. The 52-Week High and Low are noted here. -32.67% (High), 3.70%, (Low). The stock had 168,700 average volume.

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When moving into land of penny stock trading, one must determine whether the risk-reward ratio is favorable. Penny stocks can be tremendously attractive. Hollywood often shows selling or trading stocks being easy and fun, with millions of dollars earned as profits. It’s important to identify that there is considerable risk involved when putting money in penny stocks. The risks list include market volatility, getting stuck with fake shell firms created for the only objective of the ‘pump and dump’. For those who are not aware with the term, pump and dump happens where brokers promote the equity until prices rise, then sell the stock, leaving novice investors to bear the loss.

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It is a common thing to get caught up in the excitement of penny stock email bulletins. Though the circulars are a helpful means to get ideas, wise investors still perform due diligence on interested stocks. Some penny stock circulars show a disclaimer at the bottom that states something like ‘We are not market advisors, we’ve got compensation and we may have this stock in our portfolio.’ Further study must be carried out to find out if a firm actually has businesses or is simply a home office.

Many a times, when a promotional plan is designed, there are big shareholders offloading shares they might have bought long ago, waiting for an opportunity to recoup their investments. It never indicates that these firms termed as ‘fake’ aren’t good options for short-term trading. If you have disposable money that you can put in use to make a quick trade, what a firm does is less significant than recording a win on a trade. In such a scenario, things like stock promotions are advantageous for shareholders as they throw more light on a dark or defunct firm.

Look at a promotion last year of Cynk Technology (CYNK), which surged all the way to $21.95 from low of 6 cents. The firm itself had very little to deliver as far as fundamentals or operations are concerned, and its shares price was purely led by trading activity.

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More notable recent Wal-mart de Mexico S A B de C V (ADR) (OTCMKTS:WMMVY) news were published by: which released: “Wal-Mart de Mexico SAB de CV ADR” on April 13, 2011, also with their article: “4 Mexican Stocks to Buy Before the Peso Rises” published on October 10, 2016, published: “Mitt Romney Dumped 71 Stocks Including Google, Microsoft and News Corp.” on June 04, 2012. More interesting news about Wal-mart de Mexico S A B de C V (ADR) (OTCMKTS:WMMVY) were released by: and their article: “Wal-Mart Stores, Inc. Reports Strong Sales In Its Mexican Unit, Walmax” published on April 08, 2015 as well as‘s news article titled: “A five star mutual fund focusing on emerging markets consumer products” with publication date: July 05, 2012.

Wal-Mart de Mexico, S.A.B. de C.V. is engaged in operating self-service stores. The company has a market cap of $32.22 billion. The Company’s divisions include Mexico and Central America. It has a 23.92 P/E ratio. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties.

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