Coaldollars says he has 16m
Galo/Bihc has repurchased 15m
I have several hundred thousand
many of you say you have 1/2 m to several m
I estimate 40 m to 50 m outstanding based on the above but the float is at most 24 m because I have the 15 m in the above numbers.
most everyone is saying that they are holding firm and not selling. In fact, it seems that many continue to buy on dips.
I understand naked shorting, and shorting, but this seems to be more than I expect. To put it another way, we could have 10m float (9+ m rounded up)and 35 m shares in our hands on this board. There has to be people on other boards or no boards that are long on BIHC. So I can well estimate 50 m in longs, but only 10 m in actually float.
I was on another hub the other day (RDWG) when the boards got pounded down. Management said they did nothing with o/s or a/s. They said it was shorting. Whatever it was, it was 900 m shares in a few hours. I saw screen after screen of 9m transactions.
I guess anything could happen, but i would think that even the SEC would step in when they see millions of naked shorts in an individual company. I realize the SEc see millions of naked shorts everyday. But this I mean the certificate etc is not delivered in 3 days, but to have so many coming form BIHC or RDWG or some of the other hubs I go to seems to defy imagination.
I am long and holding, but the numbers don't add up for me. I think the facts and other information make a strong case for BIHC, especially since we know about Barons. But the numbers don't add up.
