Mart Resources Inc MAUXF

Morgan Stanley

[dbeaude]

Has anyone ever considered that Morgan Stanley could have been covering a short position?

[tsoprano1]

Either way it means they think deal is going through. T

[Obeahman]

As I see it, Midwestern is really in a corner now. If the price drops to lets say 0,24$, they would have to cover the difference from 0.24$ to 0.80$, which is 0.56$ @ share. Only a rich investor who has money to blow would take this sort of risk. The pundits are forecasting all types of scenarios as to when the price of oil will inflate again. Once the Americans are pumping more oil, the price of

[Obeahman]

If the stock price does not rebound, Morgan Stanley or whoever has purchased those shares stand to lose a lot of money. From what I have seen in todays trading, Morgan Stanley did not purchase any shares nor did they dump any shares. Tomorrow is going to be another interesting day. Mart will certainly know by tomorrow what's on the agenda for August 19th 2015.

[lastpick]

They bought 192000 at $0.33 average on the TSX today and did not sell any according to Stockwach.

[tsoprano1]

Thanks, lastpick. That is actually a light day for them. Of course, the trades have to be routed to them for them to actually have an opp to buy. So maybe more were routed to another buyer. Either way, looks like they think deal is going through.  T