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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: Mike Gold who wrote (6156)9/15/1998 7:57:00 PM
From: the Chief  Read Replies (3) of 25548
 
HI Mike. If that is the case, the shorters probably will never cover if they can help it. Just a few million bucks would allow you to manipulate this stock any way you see fit.

The stuff I'm smokin tonight is "like" real good! Can you explain that statement to me. My understanding is;

An uncovered short has no impact on the company! It is no different than a "long" share that is not sold! A borrowed share that is sold at a higher price is still a share that is part of the public float. As a result the uncovered short is a liability for the person that has not covered only! The uncovered short would, in fact, not cause the ability to manipulate in any direction (unless there was a significant chance of continued downside). The short would create a liability to the holder not to the company!

Help me out here Mike!

the Chief
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