Member Info for Medjed

Fintel publish FINRA data. You can access most of the tables for free here without opening an account.

https://fintel.io/ss/us/mdai

For the past two days they seem to have eased down, with 'only' 33% of all transactions being short.

I have a hunch that HSBC non-delivery of shares is somehow linked to the rampant naked shoring. I'm not sure how because as far as my (limited) understanding of naked shorting goes, they don't need the shares, or even to know where the shares are, to sell them naked short. They essentially sell non-existent shares and the buyer will experience non-delivery because they were not real shares.

Unless they sold the actual people's HL shares short, in which case they seem to be screwed because the public float is only around 250k, they can never hope to buy the real shares back to deliver to HL customers.

If that is the case, it will be interesting to see how it plays out.

Google

Marketwatch

The platform you bought shares from?

IG show live prices for example.

Its not Prem only, if you follow any other AIM chats, all the ones I'm on are complaining they cant buy or sell. LSE issue as already pointed out.

8 weeks from which event?

MDAI launched on NASDAQ on 12th September if its 8 weeks from then that compensation is claimable.

Ok and I bought some more :) Just £1k but that's all I could afford

Seems to be moving. It was almost $3.1 pre market.

The shorts are still at it, very organised. They are making sure short volume is around 50% of all volume every day to keep it down.

But if some of the Stocktwits posts are correct they may have to let it go in December. Also it could be linked to them having to return the HL shares so they can be given to investors.

https://fintel.io/ss/us/mdai

This has to be organised, this is MMs and dealers, not individual punters

29 Nov - 54% short

28 Now - 42% short

27 Nov - 43% short

24 Nov - 40% short

22 Nov - 55% short

21 Nov - 75% short

I completely agree Watty, us poor ordinary shareholders just have to wait it out. I think its a good company hopefully in 2024 with more good news things will get back to normal.

I got a reply from IG. No compensation (for me at least). I guess I’m just a very small player. Maybe the other customer had lawyers on the case so they had to give, who knows. It was worth a try I guess.

Here is the IG reply I got:

“ Although we are not obliged to offer compensation as a means of resolving issues experienced by clients, however, whenever a matter has been formally raised with us, it would be investigated and an appropriate settlement is determined based on the outcome of our investigation. Consequently, no compensation offer has been made at this time.

I have attached our complaints procedure for your convenience if you wish to file a formal complaint.”

Hi Watty, I haven’t heard anything more about compensation. I keep meaning to call/ chat with IG to see if I can get compensation too. I’ll try to talk to them tomorrow. Been too busy at work. I’ll let you know what they say.

I think the problem is with DE-SPACS on NASDAQ. I have had a look at a few of them now they all seem to get short attacked right as they float on NASDAQ after merger. Pattern looks the same they get manipulated down to around $2 or even lower.

Lets hope MDAI is different (due to Barda) and will shake off the parasite shorters.

Lesson learned for me, never going to invest in another SPAC/DE-SPAC

Seems very fishy to me. This is AIM after all. I have a feeling I'm about to lose a lot of money.

No shareholder vote. No update. Nothing.

Did he still not get his shares yet with IG?

Is that why they compensated him?

I asked for compensation too, instead a week later they gave me my shares. My holding is very small maybe that’s why. Who knows.

Radio silence from company. Tick tock 30 November is next week. I guess they won’t be consulting the shareholders before submitting?

The Extension is conditional on the following:

· Orcadian's submission, before 30 November 2023, of an application for NSTA consent to:

o assignment of an interest in P2244 to the Proposed Operator; and

o appointment of the Proposed Operator as operator of P2244.

My one is Barclays :)

I can sell my entire holding for 19.178p

Someone wants the shares!

I’m not very knowledgeable about shorting either.

I don’t think its normal shorting at play here because the borrow fee is 400% I doubt they could make a profit with such a high interest rate even if the sp went really low from here.

The problem is naked shorts who don’t pay a borrow fee since they didn’t borrow the shares in the first place and can’t even locate them!

These dirty thieves seem to have many tricks and loopholes to use to keep rolling their naked position forward and would only pay a fine if the SEC bothers to investigate them.

Good article here, apologies I posted it before.

https://prospect.org/power/gamestop-mess-exposes-the-naked-short-selling-scam/

Despite this I’m still not selling. If the government is supporting MDAI and wants it to succeed surely these naked shorts have to get lost eventually.

Fastfood, PREM did it in just over 2 years. Close enough? ;)

Wow the market didn’t like that!

40% down from 2.6p depressing!

Desperate shorts back on the attack.

Friday 10th Nov. short volume 83% of all trades

Monday 13th Nov. short volume 75%

Funny that they ramp it up just before and on the day of positive news.

https://fintel.io/ss/us/mdai

Ill gotten gains will never bring you happiness or peace.

Shorting may be legal but is immoral on every level and should be banned.

Lets not even start on naked shorting.

Likewise options trading. Its ruined the stockmarkets.