Medinah Minerals (MDMN)

[easymillion]

Just a curiosity and observation on Tuesday’s trading.
As reported by FINRA, there were 532,835 failures to deliver (FTDs) at the end of the day’s trading out of 1,005,235 shares traded. A rather high percentage (53%) of FTDs, given the relatively low volume, IMO. To be clear, I don't say a naked short is present in MDMN, just that the 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 occurrence of an inadvertent short is permissible.
As for Gordon Gekko: "The most valuable commodity I know of is information."
You don't need to cut and paste the information headlined at the top of iHub's page for Medinah Minerals, you just need to read it! It's far less than a million words, but for those with perseverance and insight could mean many $$$ lol
If You're in, You Are In
Invested in the Mountain
and That's What Counts!
Easy