This does not surprise me at all - this guys are like that - I wrote these on the 14.09.15
"GoldmanS no doubt will take nearly all available stock - But maybe they have been shorting this for months. I saw something similar where GS had loaned PNA $85 million which was to be settled/paid out FEB - 200? - 8 months before this PNA share price was shorted from $1.20 down to 0.085 cents until it was rolled over with GS asking for 75 million options to do so at 0.105 cents exercise price and then another 75 million options if they cannot pay out in 6 months time. They made Millions $$$$ out of this company!!! Great people to deal with - no"
GS most likely get 6% commision - there cost is around 0.88 cents - that I think is why MYR are at this price now."
The shorting of this stcok I would say is most likely finished for now - most likely over the next few weeks you will see a lot closed out.
MYR Price at posting:
89.2¢ Sentiment: Hold Disclosure: Held
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