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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Steelguy who wrote (8918)2/5/1999 10:54:00 PM
From: Sili Investor  Read Replies (1) of 37507
 
Yorkton has been involved in financing over 20M shares in the past year or so. Given this situation, it is not unusual for them to be selling into the market given the current share price.

So, even if Yorkton was net short 10M shares in the past 3 months, where are the other 10M shares? I still don't think Yorkton is actually short, they are just doing what they have been told by those that Yorkton had involved in the warrants. Remember, Yorkton by itself did not come up with the financing money, they had institutions and large clients involved. As these clients get nervous, sure they will lock in some profits by selling, but we really haven't seen Yorkton dumping 20M shares, have we?
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