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Miller Energy Resources, Inc. Message Board

  • look2truth look2truth Feb 9, 2012 3:26 PM Flag

    Its winter. Not the time for shorts

    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 The shorts are working with misleading and outdated information, IMO, with no vision of the future and are supplying stock for funds to build strong positions.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.

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    • 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

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