InvestorsHub Logo
icon url

superdow

11/18/11 12:26 AM

#41229 RE: paddydaddy #41228

I'm reading on the other boards its 30 million. 80 million would really tie JJ hands up. He's not going to close a deal with 80 million of his shares still in the open market. bogey can't possibly have enough money for that kind of buy back at market prices that reflect a closed deal or for that matter at current market prices that reflect no deal.
icon url

Toxic Avenger

11/18/11 6:26 AM

#41234 RE: paddydaddy #41228

Naked short selling involves selling shares that don't exist.
Selling stolen shares would be different.

Now if 85 million shares owned by the majority owner of MDMN and sold a year ago, wouldn't that have been some material information at the time of their theft and sale?