ecp1976; I see no reason for Cornell to hang around with a short position on MLXO anymore at these depressed prices, if they do, they run the risk of having to cover at much higher prices. Cornell Capital are Pros and they don't usually make stupid mistakes like that. Now that the Wells Fargo debt is bought out, and Cornell is out of the game here, for them to hold on to a short position would be very stupid In My Opinion. With this new financing Michelex can get business rolling like it should be and not have to turn down business because they can't afford to pay for raw materials. This is very bad news for Cornell, Tom G. said they have a plan to combat Cornell, looks like this is just the begining of it.
