MDMN - 2016-02-15 Weekly Discussion

NITE was up on the bid 5 mil @ .021 briefly now showing 10,000 but I believe its still there the 5 mil bid.

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IMHO no one knows for sure who the sellers are. I just wish they would run out of shares so the sp can move up.

Claro is selling

Auryn is buying

I think it may be a strategy change. Right at the start the 10.6M was there. Then it disappeared and buying at the ASK occurred rapidly then stopped rapidly.

I think they are trying to stir the pot and get some shares to come down to them, which seems to be working.

How NITE can keep showing 10000 I don’t know. Obviously there is a lot more buying potential there than is showing and it is high probability it is the same buyer.

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CDEL is not gone they are now sitting on the Ask, fwiw

10:01:02 -6,605,784 sell
210,800 buy

CDEL 500000 bid .0161

Just fill him already and let’s get done with it

Its a strong possibility the buyer and seller know each other and there is nothing resembling open market like most of us have to use

There’s definitely some weird sh*t going on behind the curtain the past week or so. It’s probably unlikely but it would be swell if we would eventually be told what is going on. Maybe it is Auryn continuing to clean up the MDMN mess (via the London Group, wink wink). I don’t know. $0.021 seems to be the agreed upon price though. If it is Auryn, they have given updates on share holdings in the past so it’s possible …

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WOW !

As of 10:11 210,800 Buys & 8,090,384 Sells

I think we can now say that the buyer has his 60 plus million shares filled and the buying at this point will dry up until we can get some news. Wow is right.

and almost all of those sells (8M+) have been into a static 10000 share BID by NITE. Obviously there is a way for them to not show the high volume BID that is getting sold into on LII. Quite displeasing.

I see NITE’s stealth 10000 BID has now changed to 110,000. Apparently the special market arrangement mode is over.

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Pretty cool huh 60 million shares for a vwap of .0210 kind of seems calculated don’t ya think

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I never saw it on TDA LII. Must be the cheap seat ā€œfree LIIā€ view. Maybe that’s how they signal the volume without leaving it there.

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Barkerville (V.BGM) up 33% since Feb 9th.

I suppose when you have little to no cost basis and you’re a jackass you can dump all the shares you want …if indeed Claro is still dumping. Loser.

If a large bid (or significant buying) doesn’t show up in the near term I would assume that the 60 million share buyer was a forced buy in and not Auryn buying. FWIW

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