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Miller Energy Resources, Inc. Message Board

  • olejos olejos Aug 15, 2011 4:48 PM Flag

    shorts got burned today

    Cover those bad bets.this stock is headed back up.Who would bet against 100 million $ credit facility with production,drilling,refiting old wells? Who ever loaned Mill $100 Million must have checked it out better than streetweeper and "Willie Lowman,the shortie".headed back to $8/share soon.Have you checked out T Bills?(pays a safe 1/2 of 1%.=good steady return for those who do not understand the concept of Obama Inflation.

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    • Long is the only place to be on Mill. The thing to remember here is that the CEO of Miller was not the one who valued their assets, it was the highly respected consulting firm of Ralph E. Davis in Houston, all reviewed by the SEC and the lenders. The Street Sweeper should have known this and purposely omitted this fact in their assessment creating accountability IMO.

      This short attack manipulation on MILL drew some pretty big attention this time around with MILL just being recently listed on the NYNEX and already under SEC scrutiny due to their new listing. The shorts might get another kind of squeeze this time around just in case they forgot that pump and dump is illegal no matter which direction you play it.

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