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

To: Coz who wrote (14906)6/4/1999 9:53:00 AM
From: Ken Sammut  Read Replies (1) | Respond to of 25548
 
Since shorting is done on margin and is leveraged, it would seem as if the shorts group's broker(s) would have forced a margin call or automatically sold the shorts position at market if they could not meet the call.

What culpability would the broker have if any?

Ken



To: Coz who wrote (14906)6/4/1999 10:04:00 AM
From: superdow  Respond to of 25548
 
Geez Coz, if those holding phantom unregistered shares are
unprotected in the event that the shorters have no money
or can't be located or even if phanton
shareholders would be involved in lengthy litigation
(sharing what little money could be extracted
with lawyers) you are sending out one hell of a sell signal!!!

I think this issue needs to be addressed further....

Nice move up...



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