Turn $80 into $1,000,000 in 12 months.

[jotuk6771]

Doc, isnt it better that MDGC is shorted rather than being diluted ? 79% short volume yesterday..... they will have to cover @ some point in time. Correct ?

Just my 2 cents , but this SHO list ( a iHub new fashion , lol) cannot be interpreted like that ...

I saw many post explaining it :

This one for example , just a copy/ paste from i-Hub


*****

This FINRA list has made the rounds across IHUB, but it appears that there is some misconception about the interpretation of these data

don't think those trades are truely short I've copied this post from another board that explains what we're seing in that data...this person seems to know what he's talking about.

Sterling, the biggest issue is the misrepresentation of the short volume data published by FINRA. It is not 'short volume' as you think and, many here are trying to make it be that to prove a point (not implying you).

I had posted what it meant on another board but those were removed. I did have a very long conversation with FINRA about this report and they made it very clear how this data can be misinterpreted.

First - seperate out completely the short volume trade report from evrything else. It is not what you think it is.

The way a trade is executed, Investor A is long 100,000 shares of XYZ and wants to sell at a limit. They place the order thru their broker to sell who then routs that order to a market maker who has no inventory in the stock. Over the course of the day, the market maker sells all or part of that order under multiple trades (lets say 10 trades of 10,000 ea. for talking purposes). Because the market maker does not want the liability of the shares he can't unload the market maker is allowed to sell first into a buyer into the 'media market' and then come back right afterwards and buy the same mount from you. The first leg of the trade, the MM selling to the buyer is the sale that is reported and because the market maker did not have custody of the shares he MUST mark it a short sale and will not report the mirror trade of him buying the shares from the originating seller. Even though the net result was a long seller selling out a position they held it is reported in this system as short volume. In my scenario it would happen 10 times for 100,000 shares.

A senior FINRA person explained this in great detail and explained that only one leg of a trade is reported to minimize duplication of trade volume.

To understand short voilume vs. short position you have to use the bi-Monthly short interest reports. You will only get 2-days of snapshot of what a real short in the stock is because the rest of the data does not have the resolution to differentiate.

Regarding FTD's, they are what is reported daily by the CNS system. It is not cumulative, it is aggregate. If you see 50% short volume every day for a month but you see no change in short interest and no change in FTD's, chances are that volume you are thinking is short sales is really just longs executing through market makers or other bona-fide market making that covered.

For the Record: I know nothing of this company at all so will not speak to the realities of shorts here. I am here to only clear up this confusion caused by some irresponsible people who are misleading what this means.

[van]

Bid support at .0075 right now. That is a good sign. Could it be possible that Doc sold at the wrong time? Nothing against you doc, but, I hope so...lol. We have all held this for quite a while, and we all want a run ASAP. Forget all the rumors...we need some kind of news...lol.

MDGC President (Val) sent me an email yesterday stating news "shortly".

Re: clarification
From: "val@mediag3.com" <val@mediag3.com>Add to Contacts
To:  <d@att.net> 


--------------------------------------------------------------------------------

D,

Thanks for your note of concern about our intellectual properties.

Be assured news will be coming shortly to address this issue.

best regards,

Val Westergard
chairman
MediaG3.com
val@mediag3.com

[trada]

Bid support at .0075 right now. That is a good sign. Could it be possible that Doc sold at the wrong time? Nothing against you doc, but, I hope so...lol. We have all held this for quite a while, and we all want a run ASAP. Forget all the rumors...we need some kind of news...lol.

MDGC President (Val) sent me an email yesterday stating news "very soon".

Hahaha, Excellent...more news rumors...jk...lol. Their PR said multiple PRs are imminent. Val seems like a nice enough guy, but, I can't believe any news rumors until I see the actual PR on my computer screen and the share price rising.

Currently, the share price is rising ever so slowly today. That is a welcomed sight after the last couple heavy volume days and no share price movement.

[dmclauser]

pps goin up after Doc sell guess he right bout people messin with challenge account and tryin to make sure he dont achieve his goal.

[Dr PennyStock]

Yes, it's better, but, that is stopping the stock from running, and, I have no more time to lose.

Later is better than never, glad you have moved on ... I am in THRR as well  (still holding MDGC, I am to close to even money) Can we make some money now!?!?!?

I think so, you will make money.

[Dr PennyStock]

Bid support at .0075 right now. That is a good sign. Could it be possible that Doc sold at the wrong time? Nothing against you doc, but, I hope so...lol. We have all held this for quite a while, and we all want a run ASAP. Forget all the rumors...we need some kind of news...lol.

Now that I sold the most probable is to see this running.

[trada]

Bid support at .0075 right now. That is a good sign. Could it be possible that Doc sold at the wrong time? Nothing against you doc, but, I hope so...lol. We have all held this for quite a while, and we all want a run ASAP. Forget all the rumors...we need some kind of news...lol.

Now that I sold the most probable is to see this running.

I'm hoping so...lol.

[Dr PennyStock]

pps goin up after Doc sell guess he right bout people messin with challenge account and tryin to make sure he dont achieve his goal.

Last year was the same, no problem, I will be very happy to see you make money if you hold, I still believe it will run, 100%.

[jotuk6771]

Doc, isnt it better that MDGC is shorted rather than being diluted ? 79% short volume yesterday..... they will have to cover @ some point in time. Correct ?

From my own DD :


I will take CCTR as example ...

http://www.dailysho.com   type  CCTR

Date   Symbol   ShortVolume   TotalVolume   %Short
20100318   CCTR   14,374,475            36,015,244              40%

The SHO list says that 40% of the shares traded yesterday was short

Now look at this link

http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=

There's no one shares available to short on this security !

This is why i tell you all to be very cautious on the interpretation of the SHO list ...
MDGC is not even listed in the US shortable stocks ...

http://www.interactivebrokers.com/en/p.php?f=shortableStocks

[jotuk6771]

Doc, isnt it better that MDGC is shorted rather than being diluted ? 79% short volume yesterday..... they will have to cover @ some point in time. Correct ?

From my own DD :


I will take CCTR as example ...

http://www.dailysho.com   type  CCTR

Date   Symbol   ShortVolume   TotalVolume   %Short
20100318   CCTR   14,374,475            36,015,244              40%

The SHO list says that 40% of the shares traded yesterday was short

Now look at this link

http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=

There's no one shares available to short on this security !

This is why i tell you all to be very cautious on the interpretation of the SHO list ...
MDGC is not even listed in the US shortable stocks ...

http://www.interactivebrokers.com/en/p.php?f=shortableStocks

The only way to short MDGC or CCTR or else is Naked short selling , a weel know MF'S manipulation :



Naked short selling, or naked shorting, is the practice of short-selling a financial instrument without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale. When the seller does not obtain the shares within the required time frame, the result is known as a "fail to deliver". The transaction generally remains open until the shares are acquired by the seller, or the seller's broker, allowing the trade to be settled.[1]  Naked shorting is not necessarily a violation of the federal securities laws or the Commission's rules. Indeed, in certain circumstances, naked short selling contributes to market liquidity.[2]  But it is illegal when manipulators use the practice to force stock prices down by temporarily increase the supply of stock, some people argue.[3]  However, the practice is not considered abusive or illegal when utilized by market makers, if they fulfill the close-out and pre-borrow requirements, as they are not exempt.[4]  It's also not illegal when there is a legitimate reason for failing in the delivery of the stock.[4]

In the United States, naked short selling is covered by various SEC regulations which prohibit the practice.[5] In 2005, "Regulation SHO" was enacted, requiring that broker-dealers have grounds to believe that shares will be available for a given stock transaction, and requiring that delivery take place within a limited time period.[4][6] As part of its response to the crisis in the North American markets in 2008, the SEC issued a temporary order restricting short-selling in the shares of 19 financial firms deemed systemically important, by reinforcing the penalties for failing to deliver the shares in time.[7] Effective September 18, 2008, amid claims that aggressive short selling had played a role in the failure of financial giant Lehman Brothers, the SEC extended and expanded the rules to remove exceptions and to cover all companies.[8][9]

Some commentators have contended that despite regulations, naked shorting is widespread and that the SEC regulations are poorly enforced. Its critics have contended that the practice is susceptible to abuse, can be damaging to targeted companies struggling to raise capital, and has led to numerous bankruptcies.[5][8][10] However, other commentators have said that the naked shorting issue is a "devil theory",[11] not a bona fide market issue and a waste of regulatory resources.[12]

There has been speculation that naked short selling played a role in driving companies such as Washington Mutual and Lehman Brothers into bankruptcy.

[van]

Thanks all for the info on short volume / selling. All my DD tells me there is no real way to tell if a stock is truely shorted on a daily basis. From what I can glean out of my DD is this : in order to know exactly what is going on a person would have to campare several lists for any particular day but that could not happen for a period of 1 month due to accessability of appropriate paperwork. So, there you have it....... yet another " what appears to be is not necessarily what it is " type scenario. Thanks again for all the input. I appreciate all of your knowledge/wisdom in so many areas.

[jotuk6771]

Thanks all for the info on short volume / selling. All my DD tells me there is no real way to tell if a stock is truely shorted on a daily basis. From what I can glean out of my DD is this : in order to know exactly what is going on a person would have to campare several lists for any particular day but that could not happen for a period of 1 month due to accessability of appropriate paperwork. So, there you have it....... yet another " what appears to be is not necessarily what it is " type scenario. Thanks again for all the input. I appreciate all of your knowledge/wisdom in so many areas.

Thanks , you're welcome 

I'm still learning everyday too ...

Cheers! 

[trada]

It appears as though the MMs do, in fact, have it out for Doc and his challenge account.

[Dr PennyStock]

It appears as though the MMs do, in fact, have it out for Doc and his challenge account.

It's not from now, the older members know that this is since the beginning.

[ShyTrader]

Yes they do... and it seems like they are watching him as hard as ever.

I bought some MDGC cause I it broke some trend resistance lines (I don't see many people talking about them on this board), but since it looked like it was being manipulated very hard to the down-side, I only bought about $200 worth.  I'm up about 50% as of the posting of this email, and I am wondering how high it just might run?

I cannot always watch this every few minutes, so I have a stop set right now, but with the huge bullish candle so far today, I'm wondering if this trend will change (like it normally does when I wait), or if it will continue.