Mensa Mining Corp (EQBM)

[MSEED]

# based on short reporting from brokerages
that Buyins.net requests info from. Bottomline with Buyins.net and others is that brokerages only have to disclose total # of short shares per a specific day. This usually means the total # of short shares per a co. is much greater (sometimes as much as 10X greater) than what is reported. Plus, more importantly IMHO is the naked shorts, (which are not shown because they are not legit) and like PAIM/PAIV is what drove the pps up so far to begin with. Once the new rules were in place after july, the naked shorts could no longer play their games, because had to disclose, release shares or possibly face fraud charges for fabricating shares and using them. Like PAIM/PAIV large share buybacks squeezes the shorts even more to cover.

Noone ever does anything unless forced to do so. The proof with EQBM is numerous times myself and others have tested the MM short position, with bids much higher than accepted. Every time, the lower bid was taken to keep the pps down to allow shorts to cover their position prior to real news (Dalian proj./Frankfurt ex. etc.) being announced.

Buyins.net is a positive for us traders because it was created specifically to make us aware of possible large short positions on stocks and how to trade accordingly. However, factor in that the reported amount of shorts is likely a fraction of what the real # is. Squeeze trigger price is very valuable though.

The squeeze trigger price is vital in knowing when the pps will really take off.

You are correct that the official # of short shares for EQBM is much greater than shown thru Buyins.net. Again, knowing that, trade accordingly.

I know its tough to have to add the MM short bs to the trade equation but once you can utilize it, becomes a valid tool to make $ with pinks.

In all stocks, MM shorts can only play the game as long as no news out and/or traders are gullible enough to panic on their bs and sell. Once real momentum and volume and news takes place, the forced effect of an uptrend makes the MM short have to cover, thus increasing even more the upside potential.

EQBM is so close to popping its sick.

Best Regards

Not a buy or sell recommendation