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Re: bennies post# 1168

Tuesday, 05/24/2005 1:18:27 PM

Tuesday, May 24, 2005 1:18:27 PM

Post# of 35924
My opinion here is this, we know Cornell has a massive short position and since Michelex is getting financing elsewhere I see no reason for Cornell to keep the Short position for any length of time, I do see Cornell taking full advantage of the situation for their own greedy profit, and that is to cover as low as possible no matter how long they feel like taking, but they run the risk with the clock of Michelex getting it's shit together. I think we may see some volatility now with people bailing, Cornell and MM cronies trying to take it down as far as they can, and us bagholders buying up cheap to average down. The best thing we have going for us is that this is a solid company with solid assets and revs, and a small float. I've played pink sheets with higher floats and no revs run into double digits, I see it all the time. This stock is going to rocket back, when I don't know, how low will they take it? I don't know that either, we may see the subs, thats where Cornell wants to cover thats for sure. I know I'm holding on to this one until it runs, if I could break-even I Prob. would, but not selling for a loss on a solid company like this.


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