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Re: A deleted message

Tuesday, 05/26/2015 12:06:18 AM

Tuesday, May 26, 2015 12:06:18 AM

Post# of 123646
I'm sorry but you are incorrect. MMs cannot hold a short position forever. As I said earlier, you are not familiar with the SHO regulations. The longest they could possibly hold is 13 days at which point the trade must go FTD. They can fail to report properly and be subject to huge fines and sanctions but they can't hide the trade and settlement or non-settlement. No way around it without violating the regulation and no MM is going to even think about that trying to make $100 on MRIB. As I said there's no record of any MRIB trade going FTD hence no naked shorts. You are simply wrong and misleading folks with imaginary tales. And it's all moot really because 90% of the volume is at the all time lows representing little to no profit in shorting. It's just not happening. What we have is a company that went out of business months ago that continues to trade based on the hope of perpetuating the charade to draw in some new blood. There is no more MRIB and the proof is absolute. No offices, no employees, no cash, no activity, no sales and no communicatin from the company.

Funny, more than four years ago the same claims were made and Nina from MRIB responded to a shareholder saying the company was not out of business and good things and news were on the way. That was the last communication or news anyone heard from MRIB for the next three years. Looks like we're headed the same place.