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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (7200)1/25/1999 8:02:00 AM
From: Mr. Forthright  Read Replies (1) | Respond to of 37507
 
Back to the short position issue for a second. I believe that the short position was created mostly by investors who bought the special warrants at $1.75 on the last financing. They have already sold the stock and will close their position once the special warrants are exercised.

As far as other holders are concerned I have no clue what they will do. I have to think that some of them will want to lock in their profit, especially given the current market environment.