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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: J. Nelson who wrote (13984)5/16/1999 3:37:00 AM
From: SSP  Read Replies (1) | Respond to of 25548
 
The high volume we saw I believe in the last three weeks was short covering. Most long term holders on this thread have purchased the majority of their shares a while ago. This is why I believe the volume has been low in recent trading days. I hope this is true because I want MDHM to rise on it's own merits and not because of a short squeeze! A short squeeze inspires long term holder to sell positions of their stock and that creates a temporary imbalance in the stock price. I prefer a gradual rise in the stock and then we'll know if this is the true value without the "merits" of a short squeeze!

Just MHO,

SSP
ps, I'm still waiting to see the effects of the dividends when the TA's start issuing the shares, I just hope no one sells into this upward movement and cancels the effect!!



To: J. Nelson who wrote (13984)5/16/1999 9:33:00 AM
From: Handshake™  Respond to of 25548
 
Jim I think MG will have just as much fun with its announcements than MM will have in the next few weeks...