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To: waldo who wrote (2157)11/28/1998 6:58:00 PM
From: IdiotJed  Respond to of 37507
 
>>Yorkton is short 4.67 million shares in 11 days at an average price of 2.92 a share which gives them about 13.6 million in cash to take down a 10 million dollar financing.<<

Yes, they are short (net) 4.67 million. There was also around 1 million shares involded in Yorkton-Yorkton transactions since Nov 18, which I suppose was for their clients. Which bring the total to approx. 5.7 million shares sold (net if the clients are involve in the buying), the number of warrants issued.

I hope I'm right (which is rare) cause with that flood stopped, the price will have a decent chance to rise more sharply.

IdiotJed