Concerning Cornell Capital;............
It has been explained to me some of the Cornell tactics by someone who knows how they operate, they are a Giant Hedge Fund and when they short sell a company they do it BIGTIME! The have other Hedge or Mutual Fund type companies that get into the action with them so it's not just Cornell alone shorting the company, I'm sure there are some type of legal reason for that (like manipulation) along with making sure that the job gets done by having the company short sold from several angles by several different companies so that the desired effect is had on the stock, mainly bringing down the PPS and then keeping it there while they cover and buy a controlling interest if they can, but in this case, Michelex is kicking them to the curb. It will be interesting to watch and see how long Cornell hangs around with this short position. These guys are pros at this and I'm sure they don't like getting the boot.
