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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: Tim85gt who wrote (1765)4/29/1999 6:36:00 PM
From: KMT   of 2038
 
All:

Checkout MDIN. It's on a short squeeze alert.

Subject 16900

The following was just announced today.

biz.yahoo.com

I believe there were two purposes for this. The first is to get the Lipangue and the LDM in a position for a buyout. The second is to squeeze the naked shorts. Some large investors in the company ran a private census of shareholders and came up with over 60MM shares short. This was done last month so it may have changed a bit since then. The reason this news will squeeze the shorts is that they can't cover the dividend because it's in the form of stock in a privately held company.

KMT
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