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Re: Hunter6110 post# 77977

Monday, 09/22/2008 9:41:29 PM

Monday, September 22, 2008 9:41:29 PM

Post# of 82105
One group has shorted/naked shorted GBDX 974 million shares. I was told this by someone who knows. What we don't know is what other hedge funds/groups have shorted the company. That number might be as high as 500 million shares. Once there is published data of OTC short positions we will know if the size of the short position is much larger than the 974 million. These people are counting on a revocation of the GBDX status. I believe that many of those who bash this company day and night have some connection to the one group or others who have shorted the company. The transactions would have been done using offshort accounts.