Medinah Minerals (MDMN)

[easymillion]

Longs Continue To Hold Tight
and wait for a bigger payday. Hold and wait by smart money seems to be the strategy of the day. OK, so a few shares were sold today, maybe to pay a few necessary bills, but let's face it. As volume continues to go lower each day, it's not due to lack of interest. Those with no shares continue to post endlessly on how there will be no JV. Despite all the prodding, there is no selloff by weak hands to fold. Why? Perhaps there are no weak hands left. Day traders have already flipped. Liquidity is less certain and day trading is unprofitable without volume. Most longs here have gotten in at a much lower pps. We have full positions. Any more would just plain be greedy. As long as rumors keep getting tossed around here, the most credible rumor is that shares held tight are several times the official OS. OK, it's only a rumor, but most longs don't even care about a naked short position that might exist, IMO. The value is in the mountain, we know it, and when the JV does get announced, it is only the beginning of value for MDMN and it's shareholders for years to come. Newbies would do well to review the available DD. What becomes quite evident at the end of each day is that MMs are having a very hard time locating shares. Fewer shares were traded today than yesterday, and yesterday, fewer trades than the day before. Yet, the failure to delivers reported by FINRA continue to remain high. FTDs today were greater than 40%. Why?
The answer was best stated by M78 as shown below:
"Too late. The lobsters are already in the pot, and the fire has just been turned on and the cover slammed down. They're as good as cooked."

I keep laughing on that one ... and that's all she wrote!!!
EasyMega$