I agree 100%. The EC must have found something and now everyone is trying to cover their asses. Lets see who the FDIC throws under the Bus.

All the shorts better start covering when the market opens tomorrow.

Need the volume at 40 Million plus for the shorts to start to cover big.

Shorts better cover before the halt. IMHO

After watching this for 2 plus years I would have to agree with you. Next week should be very exciting.

The MM will try and push this down one last time to try and cover as low as they can before a settlement and/or Halt next week. IMHO

JPM reports earnings tomorrow. We will see how much money they made because of WAMU

IMHO I feel the same way

I always thought that the final settlement would be around $3 - $8 a share for commons and would take years to decide.....but with the events of last Thursday I think there is a chance we see more and NOW. Whatever was in that sealed document must be good??? There is a great chance there is a stock swap with JPM? or at least $25 Billion left for commons. The $15 - $18 range is now in sight.

Good luck to us in the coming days and week.

Did anyone see those two trades?

3,751,820 and 3,751,920 shares for .0001 at 14:55:01

WTF???

They will need to halt this if big news comes out.

Tomorrow could be it or prior to JPM reporting earnings on thursday.

Starting to pick up some steam at the end of the day. Get them before the weekend?

Just noticed a 400,000 share buy. Maybe a short covering?

Just the MM shorting this and playing the game. Crazy

Settlement!! - Shorts better cover now

Did they all go to Lunch now?

Shorts better start to cover. Next week should be fun.

Lets go to trial

We should get a minimum of $11 for commons

THE MM needed to push this down so they can cover the shorts. Most of the volume today have been Buys.

I hate to speculate about this, but all signs here point to some big news coming out soon. There seems to be no other explanation for the moves here the past week. Hopefully they have signed a partnership with a larger company.

I have been in this stock for about a year now and have seen some big swings with the MM. What is going on now I think is something else. Not sure what it is, but in my opinion I think there might be a buyer out there or large investor that is very interested in MDFI and their technology Intellectual Property.

IMHO - A settlement will be made very soon. We want at least $24 and they will most likely offer $3....will meet in the middle someplace around $13 and all will be glad to have this done.

Something is going on. Just started to move???

IMHO.... I think when they start to cover in large blocks the 49 million shares that are short we can hit the .34 mark pretty quick. Depending on how much buying power there is we can hit the .70 - .77 soon after that. With really great news on Thursday it could go even higher.

If the big short holders start to cover we can go much higher. Looks like some of them have started. This week should be exciting.

Think you might be right. One final push for the shorts to get in and cover. If we see some larger blocks of 100,000+ shares a trade going through then this will be justified.

Shorts are starting to cover!!

Think it is going to run

Some shorts will cover this time. They are really playing risky game now. I hope the shorts lose.

I think the MM are trying hard to keep this from running. Can't keep it down much longer. People will realize like you said that the EC is going to win.

The shorts better start to cover. Their time is running out!!

I would agree with you. I think we have better odds with this than the lottery or Vegas.

Settlement this weekend would be nice

Very Good point. That is a great way to analyze what is going on. Thanks for your insight.

Time for the shorts to start to cover

I think if news is good tomorrow we will see .70 again and might move over a dollar.

I agree.

It is just a matter of time when a larger company that has electronic medical records like allscripts (mdrx), General electric, or any other larger company buys medefile out.

Until then we just have to wait.

Did anyone see this on United.com?


http://www.united.com/page/article/0,6722,66,00.html?navSource=Dropdown07&linkTitle=wireless

From the Wall Street Journal Today.

Six industries poised to Grow.

It is just a matter of time before we start to climb again.

http://online.wsj.com/article/SB10001424052748704471204575210023871636874.html?mod=WSJ_hps_sections_smallbusiness



Health Care

Thanks to federal and state stimulus dollars, the health-care infrastructure in the U.S. is about to get a triple bypass. Not only does the government plan to plow $20 billion into computerizing health records, the angel investment community has taken an interest in the sector. In 2009, health-care services, medical devices and equipment attracted 17% of total angel investment dollars, or nearly $3 billion, according to the Center for Venture Research at the University of New Hampshire. "We're seeing a lot of companies come through here with technology solutions for innovating medical records," says Michelle Murcia, the chief financial officer of TechColumbus, a business incubator and venture firm in Columbus, Ohio. "Health care IT is a huge growth area."

I'm sure they will keep it down until their friends cover the shorts.