Biotime-Nasdaq's best kept secret? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotime-Nasdaq's best kept secret?

BTIM 0.0001000

0.0%

Nov 5 1:26 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CMon who wrote (1273)	3/5/1999 5:01:00 PM
From: mesaone	Read Replies (1) of 1432

The rights volume matters because as of 021799 shorts were short 2 million + rights. They were attached to the common that was shorted.Those rights go to the people who bought their shares from shorts. BTIM issued 10 million rights. With over 2 million shares short, there are 12 million shares that as of 021799 were entitled to have rights delivered. This is why the rights volume matters to determining the shares available in the oversubscribe. The oversubscribe first covers rights not exercised, and then an additional 250,000 shares. inch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next