The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Got a buy-in alert from IB for FMCN right now. I added to my short this morning and these shares are under threat of being bought in. Stock is getting shorted like crazy, shares are scarce
 
Quote from Chuck Krug:

tried to add a little bit to fmcn in interactive brokers account.
none left to borrow.
More...

They are threatening to buy in my add of FMCN again. Today I almost got bought in, tomorrow they might just do it
 
I posted a few of these bogus stocks(HUSA, REE,SCOK all died) in the past so maybe I'll do some again. I don't post much on here anymore (busy busy).

I haven't looked at the Citron research site in a while, but they used to have some interesting articles. Also, Mark Cuban had a site a while ago..share sleuth or something like that.

One thing that I like to do is find the people who underwrite these things. It can be hard to follow the trail sometimes, but there are a lot of firms that love to pump out this garbage over and over again.
 
FMCN has SSFs. Discount to stock is not horrible, about 40c for Mar 2013 contract. Considering that the borrow has a fee anyway, at least its a way to avoid getting bought in
 
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