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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Nov 28 9:30 AM EST
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To: gianelda who wrote (14916)6/4/1999 12:30:00 PM
From: superdow  Read Replies (2) of 25548
 
If there is a short position I don't think it was initiated through any reputable broker. A reputable broker would have required the
shorter to cover within the required period following the declaration of dividend. It seems to me that we are dealing with persons who
are acting illegally at one level or another. The SEC will probably
have to become involved if in fact there is a short position.

If a broker is involved, it probably is some sh!t in the can boil room operation without deep pockets. another possibility is that the shorting was done without a broker, directly through a cooperating MM.
If this is the case, the MM might be liable but then again the
same situation, no deep pockets.

Just theories. Any comments? I've got this strange feeling that
unregistered shareholders are going to get skrewd ): unless they time their sale just right!

Gee, I don't even know if my shares are registered? I registered the shares in one account which only held mdin but then returned the certificate when the broker informed me that I couldn't trade the shares as long as I held it. ARe these shares considered registered to me. Other shares in an IRA account were never registered for fear
of violating the distribution rules.
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