Medinah Minerals (MDMN)

[easymillion]

To be clear what we are seeing is Thievery!
Today's RegShow Daily Failure to Deliver report has 3,305,615 FTDs out of 6,719,204 shares traded.

Is a naked short is present in MDMN? What can be said with certainty is just the fact daily FTDs appear somewhat suspicious in that an inventory does not appear to be kept by the MMs engaged in making a market here. My understanding is that shorting used as a strategy to control price in a market is illegal, whereas with legitimate market making, the occasional occurance of an inadvertent short is permissible. Shares short (legitimately) are required to be covered within three days. Does anyone else have a different understanding?

In the daily Reg Sho FTD Reports, the FTDs regularly approach or exceed 50% of shares traded. The reports show a failure by MMs to locate shares, match trades, or have shares in inventory. Anyone watching this stock for any length of time will surely have seen a pattern here that is more than simple market making.

Any long shareholders with a large position here may be trading a few shares around a Large Core Position ... But I sincerely doubt those boasting here on how this can be traded regularly on every up and down move. Entirely in and out of the stock, as being represented by a few, simply is not likely. The boasts are disingenuous based on the clear uptrend that is occurring and the inability of MMs to have a transparent market. IMO

If You're in ... You're In
Invested in the Mountain…
And that’s what counts!
Easy