Short Sell, page-6

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cduncan

1 Posts.

09/07/14

20:38

Post #: 13636079
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Originally posted by tomboy ↑

4 days straight the short sellers have taken control of this stock MBN. A great ride from 3c last monday to 43 c and back down to 16c today. The top was 43c and talk of 56c was deluded.

I am short selling this stock down to 5-8 cents and then the WA shareholders who built this company from nothing and invested $1B and got 2% for their shares from the yanks can all pile in. If the yanks did it to us we can do it to them. The Wa shareholders who lost 98% want revenge and the only way to do it is to short trade this stock to recover the money lost.

For those who made a quick buck from 3c-43c congratulations. Its all down hill from here 43c-35c-23c-19-16-?. For those who bought in 40c-20c then you have caught a falling knife and went in to early. WAIT FOR THE BOTTOM AND BUY other cheaper Nickel stocks. MBN cannot be worth more than WSA, PAN or MCR for example which all have low or no debt and large profits and large income- MBN is nowhere near worth the MC it was driven up to.

I am waiting for the 50M-100M volume at 3-8c to see a bottoming out for 7 days and then start the buying spree all over again.

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Street saying main catalyst for aggressive rally was panic short covering due to error in some holders calculating post consolidation holding, and consequently selling way more shares than they owned therefore chasing aggressively to cover...also exacerbated by other factors including divergent views on valuation and different holder (debt) agendas given recent recapitalisation....as to recent short sellers does anyone know if borrow is readily available???

MBN Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
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Short Sell, page-6

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