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Middlefield Income Plus II Corp T.MIP



TSX:MIP - Post by User

Comment by markvrdon May 10, 2007 12:58pm
108 Views
Post# 12759032

RE: lots of potential here

RE: lots of potential hereI don't understand the reasoning about driving the position down to 2 cents or why it would happen now. It has not been to 2 cents in the past 2 years. Why would it go there after good news? No doubt there are people out there wanting to short it, bid it down to load up more, and so on but there are limits on that and they move on to more interesting stocks pretty fast. Since it has not been at 2 cents in the past 2 years, who would be selling millions of shares at those levels and taking huge losses. Doesn't really make sense to me and I would therefore like you to explain your reasoning.
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