MGT Capital Investments Inc. (MGTI)

[tn37397]

Info_Sec
Tuesday, 07/12/16 04:08:15 PM

Re: None

Post # of 14597

MGT major short action tomorrow For those not in the know when a stock drops 10% or more it has a recovery period in which short sellers cannot execute trades. Today is that day. However, you can also see there is no upward momentum to today's trades. In Pre-Market it was at 3.82 and is down about 15 cents since Market Bell this morning. This has given short sellers 24 hours to reload their short positions for tomorrow and I predict this company will drop like a rock before the circuit breakers kick in which I suspect will happen a few times throughout the day. McAfee knows this (probably) and will most likely deliver some really crazy PR just before Opening Bell tomorrow morning. He and his people are very predictable. Anything he says is likely to intensify the negative impact. I can't wait to watch the show.