The institutions buying MILL are doing a beautiful job of buying and then pulling back to let stock come in, keeping an orderly market. The shorts are working with misleading and outdated information, IMO, with no vision of the future and are supplying stock for funds to build strong positions. With their misunderstanding of the quality of the reserves and the management I'll bet they haven't gone back to revisit the fundamentals since they paid for the StreetSweeper short report. Another such report would probably put them all in jail. Tsk. Tsk. We are only a short time away from a major breakout to double figures. The buyers are not buying MILL to squeeze the shorts, they are buying value. The coming squeeze is only the cherry on top.
Thestreetsweeper.org website is , or used to be run by an individual named Hunter Adams, a felon previously convicted of conspiracy to commit securities fraud, money laundering and racketeering stemming from his participation in “pump-and-dump” stock schemes and his ties to the Gambino organized crime family. While the site purports to be a financial investigatory website, it appears its operations are financed by profits generated from taking short positions in the stock of companies it profiles. As a result, the profiles it generates are neither balanced nor unbiased. The website disclosed it has held various short positions in the Company’s stock since it first published a piece on the Company last month. Its most recent short position disclosure reveals it is currently short 40,506 shares. Any investor or potential investor interested in learning more about the website, its personnel and its questionable journalistic ethics can do so by reading an article published by the American Journalism Review at http://www.ajr.org/article.asp?id=4911.