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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Chen Lin's head must be ready to explode
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Post by fattail on Dec 13, 2015 12:37pm

Chen Lin's head must be ready to explode

He rode his huge position in PEC right down to zero. I wonder if he will do the same here?
Comment by bxju on Dec 14, 2015 12:28pm
MMT was one of my better oil trades and I am sure for many others. Chen recommended MMT when it was 0.16, they paid dividends of .05 qtr for what 6 or so qtrs, then cut the divy to .02 then .01.  So, the dividends alone made early buyers a nice profit.  Chen is a trader, not a buy and hold guy.  He took some profits, and bought back several times along the mountainous MMT road ...more  
Comment by makeithappen on Dec 15, 2015 12:44am
It is my understanding that Chen Lin sold most if not all of his position above the .30 cent level. Subscriber info .....
Comment by fattail on Dec 15, 2015 2:04am
I sincerely hope not as the last time he could have got 30 cents would have been Aug 17th and he stated he was holding his shares on the 14th and buying on the dip on the 18th. On Aug 27th he says Mart should be fine and only on Sept 1st does he announce a partial sale (not most). I dropped my subscription since so can't comment.