The short squeeze of a lifetime! Medinah Energy MDHM Message Board

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Microcap & Penny Stocks : The short squeeze of a lifetime! Medinah Energy MDHM

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To: JOE P who wrote (19)	9/15/1999 8:44:00 AM
From: Handshake™	Read Replies (2) of 177

"Secondly, we believe that the Medinah Gold dividend was a very clever and effective way of establishing how large the MDHM short position is, and who the guilty parties are! After all, the transfer agent knows that with ~72 million shares outstanding, that as the MDHM certs are sent in and registered, that there should only be 72 million MDHM shares coming in. Obviously, if investors are claiming a total 90 or 100 million shares (or more), then there?s a problem! We understand that Medinah Mining has been working on getting the issue of the short selling resolved once and for all, and that a significant short position, reportedly on the order of 20 to 30 million shares, has been established, with the bulk of the short selling originating from a handful of well-known brokerage houses in North America and Europe. The law of the markets is that at some point shorts have to cover - the questions are when and at what price does the covering begin to take place, and what news event(s) might trigger a frenzied short covering?" medinahenergy.com

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