BIH Corporation (fka BIHC)

[Trader0327]

37 million traded today. I realize some may have been in and out several times. Even if 10 million traded four times.
Many on this board and Yahoo claim they held all day.

My 2 million did not move. How many more did not move?

IMO and I am amateur The float is several times what it should be. They were safe with float at 25 million. Did not count on company taking it out sooo fast. They have to shake up ones who are holding.

Say short was two times 25 = 50. If float is now 5 (It could be lower. Company said they were continuing buyback) 50 would be ten times current float. Was it short only two times.

I bet they captured some today. But maybe not. Probably don't care. If burned here they can make it elsewhere. The dividend will require an accounting. All shares must get paid. They will try to remove short ones.

Company will take out as many shares as possible. Why pay a 7 cent dividend on a share if you could have bought it back this week for a penny or two.

Of course all speculation.