Medinah Minerals (MDMN)

[easymillion]

Abusive Naked Shorting Has Been Holding MDMN Down

I posted about the daily FTD reports being excessive as reported on the FINRA site and the FINRA rules defining and regulating FTDs. I never mentioned ANYTHING about naked shorting. Why did you? Do you not understand the difference between an FTD and an abusive naked short position? Hint - Naked short positions are generally "hidden" and not reported, otherwise they would fall under regulations of FINRA and the SEC. (Yes, FINRA and SEC are closely tied at the hip entities, although FINRA is an SRO and the SEC is Federal Governmental Regulatory agency. Easy for one to mistakenly label FINRA as an "arm of the SEC", IMO.)

Quite simply, in light of significant events about to take place which will be made public shortly, and which FINRA has requested and apparently received information about, would you expect to see the same 35%-55% of trades resulting in an FTD at the end of each day? I think it highly unlikely. As a result of the FINRA inquiry, when the JV is announced I believe FINRA will be looking more closely at whether bona fide market making results in daily FTDs of 35%-50%.

Invested in the Mountain…
And that’s what counts!
Easy