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To: Handshake™ who wrote (1368)4/10/2001 10:06:54 AM
From: Mama Bear  Read Replies (3) | Respond to of 12465
 
Gosh, I still recall when Solv Ex called in all their stock and reissued new stocks in order to squeeze the 'illegal naked shorts'. Back in those days I was actually naive enough not to know what a pile of nonsense a story like that was. Anyway, D-day came and went, and all that happened was about 10% of the longs didn't bother to claim their new stock. No squeeze, no naked shorts pleading for mercy, actually, a most significant non event.

Reality is there are no naked shorts in excess of the number of shares a clearing house is holding long. I'm sorry if you want to believe otherwise.

The DTC is not conspiring against your poor hardworking company that will soon bring world peace and prosperity if only NITE and the DTC would quit piling on the naked shorts.

Changing the cusip # doesn't force a short seller to cover.

There is no such thing as a dividend that is impossible for a short seller to pay. If it is impossible for the short seller to pay, it is impossible for the company to pay as well.

Good luck with your squeeze. I marked May 1 on my calendar and will have a chuckle when nothing happens except another looney tunes fantasy going up in smoke.

I know, I know, this time it's different.

Regards,

Barb



To: Handshake™ who wrote (1368)7/19/2001 3:19:20 PM
From: Mama Bear  Read Replies (2) | Respond to of 12465
 
"Good luck with your squeeze. I marked May 1 on my calendar and will have a chuckle when nothing happens except another looney tunes fantasy going up in smoke."

MDMN May 1 short squeeze update: The shorts have been squeezed from 8 cents a share to the current price around ~3 cents a share. To be fair, I should note that Medinah issued a stock dividend of 20% which is probably responsible for some of the decline. Of course, those 'lucky' shareholders who got this dividend now have restricted shares that they can't sell. Since Handshake informed me that the short squeeze with a deadline of May 1, 2001 could happen at any time in the future and was not limited by the supposed deadline, I will look into the price of this issue from time to time waiting to see if it ever appears.

Regards,

Barb