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[geejay]

Guys, Round and George are plenty capable of ironing out their differences.  Let's not get sucked into a domestic spat.  Everyone here knows how they feel are capable of mentally aligning their perspective with those consistent to them.  No need to broadcast them.  Let's focus on the events of the week.

I'm ready for some cooler talk.

[joelotw]

Forget Monk.  Send info to Matt Taibbi c/o Rolling Stone and turn him lose on the short situation. There's years of material for him to work with, and I bet Dr. D has a direct line to Matt. The Huffington post follows Matt's articles.  It's hard for the sec to look the other way.  He's raw and blunt and to the point.  Now tell me wouldn't it get interesting to see a few of the market makers head for cover and not the Rolling Stone's cover!~
Peter
Matt and I have a very similar writing style (notttt!)  I write that Lehman Brothers has been misbehaving in the naked short selling world once again using their signature credit default swaps ruse.  Matt writes: that horses a@@ Dick Fuld is the biggest @@@hole on the planet and as for Goldman Sachs and that ----sucker Lloyd Blankfein.....Matt gets fame and fortune and has made a bunch of covers of the Rolling Stone and I can't get my own pastor to put my work in the church bulletin!  Talking about "getting no respect"!

DOC.......I don't know about Monk and Matt but I have read your research on Medinah and I know I am going to make money on this one. I ,as you, don't know when but I think we're close. Thanks!!  P.S. Burn the naked shorters please..

[Casey]

Forget Monk.  Send info to Matt Taibbi c/o Rolling Stone and turn him lose on the short situation. There's years of material for him to work with, and I bet Dr. D has a direct line to Matt. The Huffington post follows Matt's articles.  It's hard for the sec to look the other way.  He's raw and blunt and to the point.  Now tell me wouldn't it get interesting to see a few of the market makers head for cover and not the Rolling Stone's cover!~
Peter
Matt and I have a very similar writing style (notttt!)  I write that Lehman Brothers has been misbehaving in the naked short selling world once again using their signature credit default swaps ruse.  Matt writes: that horses a@@ Dick Fuld is the biggest @@@hole on the planet and as for Goldman Sachs and that ----sucker Lloyd Blankfein.....Matt gets fame and fortune and has made a bunch of covers of the Rolling Stone and I can't get my own pastor to put my work in the church bulletin!  Talking about "getting no respect"!

Doc....I hope that our management has a well laid out plan to squeeze the shorts till their eyes pop out and the pps rockets up !  ( they certainly have had enough time !! )

[roundmot]

I have been reading up on short trading, and I have been surprised to learn that they have apparently relaxed the rules that govern short trading pinksheets and OTCBB securities. 

The last time I spoke with my broker on the subject, I was told that it was not possible to short trade any pinkie or OTC that was selling for less than $5 and even for securities above that price, the rules regarding pinkies made it more difficult and less advantageous.

I have now been told that is NOT TRUE any longer.  In fact, it was stated to me so matter-of-factly, I now wonder if it was EVER true. 

At any rate.  I apologize for any misinformation I may have passed on regarding the subject in the past.

If you have questions on the subject, you might check out the investopedia.com articles on the subject.

http://www.investopedia.com/ask/answers/06/otcpinksheetshortselling.asp

[Mike Gold]

Of the 2,123,727 shares traded yesterday...1,690,057 were shorted representing nearly 80% of the total volume. 

Are the MM's out of real shares-you think? 

Of the 1,051,814 shares traded yesterday..900,015 were shorted representing 85% of the total volume.

I plan on following these numbers closely between now and when the JV is announced..and shortly thereafter.

We have firm numbers now..there is no longer a reason to speculate about the magnitude of the shorting that is going on. It's huge.  I'm becoming increasingly confident that the short side of the equation is going to produce the kind of share prices values that we have up till now-have only dreamed of.

Now, just got to get Juan to sign the freaking JV or for Greg to bring back an buyout offer in hand...and then we are GOLDEN!

[Mike Gold]

Attention Shorts!  See pic below.  That button will be pushed about ten minutes after the JV deal is signed.  You should be nervous..VERY nervous at this point!   

[roundmot]

Of the 2,123,727 shares traded yesterday...1,690,057 were shorted representing nearly 80% of the total volume. 

Are the MM's out of real shares-you think? 

Of the 1,051,814 shares traded yesterday..900,015 were shorted representing 85% of the total volume.

I plan on following these numbers closely between now and when the JV is announced..and shortly thereafter.

We have firm numbers now..there is no longer a reason to speculate about the magnitude of the shorting that is going on. It's huge.  I'm becoming increasingly confident that the short side of the equation is going to produce the kind of share prices values that we have up till now-have only dreamed of.

Now, just got to get Juan to sign the freaking JV or for Greg to bring back an buyout offer in hand...and then we are GOLDEN!

I assume when you said that 900,015 were shorted you were referring to NAKED SHORTED.  Is that correct?  How did you determine that, since MMs are not required to report whether or not a trade is a buy or sell on a pinksheet? I have attempted for years to find a quote service that accurately differentiates between buys and sells.  Have you found one?  TIA

[Karl]

Of the 2,123,727 shares traded yesterday...1,690,057 were shorted representing nearly 80% of the total volume. 

Are the MM's out of real shares-you think? 

Of the 1,051,814 shares traded yesterday..900,015 were shorted representing 85% of the total volume.

I plan on following these numbers closely between now and when the JV is announced..and shortly thereafter.

We have firm numbers now..there is no longer a reason to speculate about the magnitude of the shorting that is going on. It's huge.  I'm becoming increasingly confident that the short side of the equation is going to produce the kind of share prices values that we have up till now-have only dreamed of.

Now, just got to get Juan to sign the freaking JV or for Greg to bring back an buyout offer in hand...and then we are GOLDEN!

Can you please tell me where you find these details?

[Mike Gold]

This has been previously posted: http://regsho.finra.org/regsho-Index.html

Look under the heading "ORF", pick the day of interest..and scroll down until you see MDMN.  Historical information is also available.

"Aggregate reported short volume of executed short sale trading during regular trading hours."

This is only a glimpse of the short story...and is by no means complete but even the glimpse is exciting for any long investor.

The "naked" short part of the equation remains invisible.

I should note that CDCH and probably thousands of other pinky are all part of the same game.

[roundmot]

Karl, I sent you an eMail.

[roundmot]

This has been previously posted: http://regsho.finra.org/regsho-Index.html

Look under the heading "ORF", pick the day of interest..and scroll down until you see MDMN.  Historical information is also available.

"Aggregate reported short volume of executed short sale trading during regular trading hours."

This is only a glimpse of the short story...and is by no means complete but even the glimpse is exciting for any long investor.

The "naked" short part of the equation remains invisible.

Are you suggesting that there were over 900 K shares legally short traded yesterday?  That is not possible, if the reports I heard of buyers picking up a boatload is true.  Wonder how they came up with that figure.  Either the SHO list is wrong or the investor lied.  Hmmm.  Oh well...

[Mike Gold]

This has been previously posted: http://regsho.finra.org/regsho-Index.html

Look under the heading "ORF", pick the day of interest..and scroll down until you see MDMN.  Historical information is also available.

"Aggregate reported short volume of executed short sale trading during regular trading hours."

This is only a glimpse of the short story...and is by no means complete but even the glimpse is exciting for any long investor.

The "naked" short part of the equation remains invisible.

Are you suggesting that there were over 900 K shares legally short traded yesterday?  That is not possible, if the reports I heard of buyers picking up a boatload is true.  Wonder how they came up with that figure.  Either the SHO list is wrong or the investor lied.  Hmmm.  Oh well...

MM's are allowed to legally short what you purchase from them.

[roundmot]

BTW, thanks for the SHO link.  Bookmarked it so I can be confused any time I want now.  :-)

[roundmot]

So I assume that the SHO list is implying that the MMs sold 900K shares that they did not own, but that they promised to deliver at some future date, thereby making the trade a legal short trade.  And at some point down the line if they fail to deliver, it will be classified as an ILLEGAL NAKED short trade or a FTD (failure to deliver).  Is that your understanding too?  TIA

[Mike Gold]

So I assume that the SHO list is implying that the MMs sold 900K shares that they did not own, but that they promised to deliver at some future date, thereby making the trade a legal short trade.  And at some point down the line if they fail to deliver, it will be classified as an ILLEGAL NAKED short trade or a FTD (failure to deliver).  Is that your understanding too?  TIA

I defer to Doc for answering specific questions regarding shorting.(I asked him about this latest information and he tried to explain hedge funds, "rolling shorts" and some terms/explainations that were over my head.)  It would be nice if he could give us a simple, clear explaination on EXACTLY what those published numbers mean.   I have tried to resist getting into short selling topics as there has been a lot talk about it for the last dozen years without any tangible benefits to shareholders..but with new specific information finally available..I find it hard to resist!