Silicon Investor (SI) -- The First Internet Community

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.

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

To: NTT who wrote (8916)	2/5/1999 10:42:00 PM
From: Sili Investor	Read Replies (1) \| Respond to of 37507

>>>I would totally agree with your warrant theory except for the fact that I think they've already sold the entire warrant allotment (5.7M if I remember correct?) a couple of months back.<<< Don't forget they did another financing with BII in late July, early August. From that financing, they received 8.6M warrants. That's alot of warrants that there is no way they dumped between August and October. I believe that they still have warrants to sell. They have received over 14M warrants over the past six months. Does anyone have the capability to go back and give totals? And, no, not you Dougie, you post GARBAGE!

To: NTT who wrote (8916)	2/5/1999 10:45:00 PM
From: Steelguy	Read Replies (2) \| Respond to of 37507

>>>>If Yorkton is indeed short roughly 5 million shares when this hits Nasdaq, they are going to make the price skyrocket when they are forced to cover, especially with a huge amount like that!<<<< NTT, My thoughts on that are this.......Yorkton was involved with the financings for this company from the start I believe.....they were instrumental in setting up the financings to allow for a Nasdaq listing if I recall correctly. I would have to say that IF BII were VERY close to a Nasdaq listing, you would not see Yorkton short this much paper. They will be in the know a lot sooner than us as you are well aware and they would not get caught offside. This is my opinion only. However, having a large short interest in your stock is a bullish sign......bullish, not bearish.......you have guarenteed buyers in the market for your stock and this, as we have seen many times, can fuel a beautiful rally in a stock when the covering begins. Shorts are not to be looked upon as slime in my opinion. They are necessary for a " true " market and are simply trying to make money on the other sides of the longs. Now, on some threads you see concerted efforts by a group of shorts to punish stocks and this I do not feel is correct however...the market knows no mercy and we all know the risks. sg