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Re: rushmann post# 339

Wednesday, 04/11/2018 8:45:28 AM

Wednesday, April 11, 2018 8:45:28 AM

Post# of 1011
I did some math last night. The float on MGC is prob 600-700mill, maybe less. If you take away shares the board holds, in etf, new fund, options, and shares not issued yet

Everyone needs to lock their shares (put a limit sell order at $5 or really high) so they can’t be borrowed for shorting.

We could get a short squeeze- there’s about 230,000 shares out sold short as of last night bought at .07-.08. (Mostly .08). Since volume has been low, we have a chance to force them to cover.

If we all work to keep a buy bid in .02-.06 below what they set at ask- they can’t drop the ask - I can’t imagine they have a lot of shares to sell due to the low volume.

RSI is 54. Accumulation is at top - high short interest = possible short squeeze

Biz- you can correct me if I’m wrong - and/or let yahoo team know (or anyone correct me if I’m wrong)

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