Michelex Corp (fka MLXO)

[VST7]

Billy It would seem pretty stupid on their part to short the stock at these levels, but how else would we explain the trading activity? We know the actual float is so small that there are hardly any shares available, so where are these 503,000 380,000 200,000 after the bell trades coming from? and all the buying that has been going on and they take it down to .032 on nothing trades? It Doesn't make any sense. Unless this guy just put them in a margin account and is selling them and the broker didn't notice the restriction stamp on the cert? But that scenario is very unlikely.