Sunday, May 10, 2015 10:43:25 AM
The short conspiracy is a myth used to try and create the false air of an impending short squeeze. Not the case with MRIB. Just a dead defunct company that shut down and although it continues to trade, is in a PPS death spiral with 150 bag holders and one or more zero basis holders converting whatever they have to cash. And by the way, how much money could one make shorting MRIB? It's nothing. Look at the volume. $100 here or there? Someone is going to risk their license, their firm's license and their livelihood trying to illegally wiggle some walking around money out of MRIB? It's absurd. And given the PPS if any such activity was taking place the volume would have to be huge and a relative fraud of enormous proportions along with enormous trade and share imbalances. To have those kinds of numbers go unreported is even more absurd.
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