SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: genejockey who wrote (13999)2/24/1999 12:59:00 AM
From: genejockey  Read Replies (1) of 122087
 
Comments Please on a MHMY Short Squeeze Post on Yahoo.

Posted today on Yahho MHMY board

OK, I'm not taking sides (but prefer the short side)
If the MHMY insiders haven't sold the 144 filings...
1) They want the best price. right.
2) They (all insiders as a group) control over 1/2 the stock.
3) So they just take "possession" of the shares they want to sell. (legal)
4) If those shares were "lent" to short sellers they have to be replaced with other shares.
5) But since MHMY has a small float, a short squeeze possibility exists if #3 occurs.
6) The trigger - NASDAQ short interest report will show a large short position, 3-4 days to cover (my guess).

I traded MHMY for 7 months and saw a lot of weird stuff happen.
I am curious why there was stock "available" to short as MHMY came down from 20. Other posts here reported difficulty borrowing other inet (yeh,yeh, I know, NOT ) brokerage stocks to short during this period and they had larger floats.
What I am guessing is that some of the stock "lent" came from the insider (non float) holdings. IF this is true then they can force the squeeze to occur. It's all legal as far as I know.

I have no position now. Good luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News