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I never said it would have an impact on HPNN. ;)
It has everything to do with most EVERY stock traded by these brokers:
http://www.dtcc.com/~/media/Files/Downloads/client-center/NSCC/directory.ashx
I know for a fact ETRD allows buys and sells of HPNN. Therefore, this is relevant.
GLTY
Today was the perfect day to short. Recently released increase in float lead to fear/"confirmation" of dilution, and made it easy to sell into skepticism. IMO
The market really absorbed shares well today though. It could have been a lot worse. IMO
~50% shorted today....
20140310|MDIN|34246817|0|70293303|O
http://regsho.finra.org/FORFshvol20140310.txt
.0027 - .0035 looks to be the channel this week, if .0027 holds tomorrow. IMO
.0033x.0034
Shorty's strategy has to change. That is going to be huge! IMO
Let's look at the trading pattern as of late. Seems a slower, organic move upwards is in progress. Previously, we saw sharp spikes to touch a penny. Now, we are seeing a healthy move upwards. IMO
This week has a lot of potential. Not just with the news about MMJ partners, but with the ending of certificate borrowing by brokers on Friday. The next two weeks have the "perfect storm" potential to finally catapult MDIN into the .01-.03 level for a good amount of time. IMO
Minimal debt is amazing. I was not excited to see the SS increase the way it did, but 1.5B shares is nothing compared to a lot of the MMJ runners lately. MDIN already has decent revenue. Every product from this point forward makes this company more appealing for acquisition, or sets it up to be nicely profitable.
I'm happy with either really.
Check the short data. IMO
http://regsho.finra.org/regsho-Index.html
It wasn't the SEC. It was the NSCC which handles settlements of shares to their members(brokers). Though, the SEC did have to approve the change in rules.
Just FYI
The SEC approved it here:
http://www.sec.gov/rules/sro/nscc/2014/34-71455.pdf
Looks like it takes effect March 14th:
http://www.dtcc.com/~/media/Files/pdf/2014/2/7/a7676.ashx
It will greatly hinder it. I don't think it will stop it completely.
The following are responsible for the majority of MDIN volume, and are members of NSCC:
ETRD
NITE
VNDM
VFIN
ATDF
CDEL
Here is the complete list:
http://www.dtcc.com/~/media/Files/Downloads/client-center/NSCC/directory.ashx
From what this document suggest, those firms will no longer be able to borrow shares from long positions to cover short positions. Meaning, the shorts will have to wait until actual settled shares are sold to them to cover. At least, that is what I gathered.
Not good for who(m)? ;)
Very nice bullish engulfing. Great way to end the day/week.
Fireworks about to start.
According to the bid, someone shares your opinion. ;)
$8M of interested money, is $8M of interested money. Spin it how you will fellas, that's some serious coin in pennyland.
That is the sexiest bid I have seen since the 10M at .0024 the other day. Looks ready to attempt a breakout. IMO
~$8M traded last 13 days..... Chump change right?
3441614336
761592192
628091520
677109760
493632544
325256480
258792256
217862640
268872064
148011760
356968640
120552800
7698356992
X.0011(13 day avg)
8,468,192.691
10M@.0024 X 375K@.0026
1M@.0024 X 3.1M@.0025
A little more pressure on .0025 and this pops IMO
Yes, in the last 2 years.
Short data from yesterday, still a lot going on:
20140212|MDIN|8107732|0|20279594|O
20140206|MDIN|46183975|0|93648383|O
20140207|MDIN|16125143|0|56305482|O
20140210|MDIN|54454218|0|106671722|O
20140211|MDIN|21310032|0|60499184|O
138,073,371 shorted last 4 days.
http://regsho.finra.org/regsho-Index.html
Interesting change in legal staff on OTC.
http://www.otcmarkets.com/stock/MDIN/company-info
Check this out:
http://www.linkedin.com/pub/kaleem-sikandar/21/5aa/b32 -- States he is with William Goode & Associates, P.C. beginning Jan. this year.
William Goode & Associates, P.C.:
http://williamgoode.com/
I noticed after. Thanks!
Yet to see it on E-Trade as well.
If Walgreens is able to carry MMJ, the relationship will already exist. MDIN has their foot in the door.
Looks like a nice gap here. I missed out....
I'll venture a more conservative target of .02-.05 if marijuana news comes short term. ~.01 without though.
How about the biggest volume day in the last 2 years toady!?!?
Anyone know anything about the marijuana rumors? True/False?
https://twitter.com/Miltonjayro
https://twitter.com/RadioSilentplay
$MDIN up 100% on big volume
$MDIN up 100% on big volume
Much better than you previous average! Glad to have you back!
Nice Hit!
Maybe it's just wishful thinking on my part really. They aren't following reporting standards, so it could be March. I'm just hoping they follow the standard they have been since Nick has taken the reins. :)