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Re: None

Friday, 12/05/2008 6:09:42 AM

Friday, December 05, 2008 6:09:42 AM

Post# of 43413
Reposts from other message board;"Sums it all up"

Repost 1

The MM's aren't "dumb enough" to short BIHC. They HAVE to short it to meet the demand and create liquidity. If they didn't short it, they would be "forced" to drive the price up to get the shares desired to meet this strong demand.

http://en.wikipedia.org/wiki/Market_make...

Obviously, there is a short position on BIHC. Otherwise, Bashers wouldn't be around. These naked shorts from back in June, probably illegal, have a working relationship with one or two of the MM's you see on L2. Those are the MM's probably currently shorting the stock LEGALLY to keep the liquidity flowing and keep the PPS down. They have to do it or the short squeeze would occur before the divy is announced.



Repost2

After all this time, you have just pulled the switch on the light bulb above my head. All of a sudden I get it. The MM is responsible for matching buys and sells and that where he makes his money. So if there are buyers out there and no sellers, he creates an air share. Otherwise, he would have to allow the bid to rise in order to entice sellers. He doesn't want to do that because it creates a dominoe effect and the price starts going up and up and he can't cover at a lower price than what he sold at. It is making sense now.

Repost 3


I keep reading on the boards from a few people that once the divy is announced and we start our run, they will be selling off small amounts of their position to "cover my cost". My question to them is what cost????? You have instantly earned MINIMUM 200% profit (7 cent divy @ .035). No matter what you do, it will be IMPOSSIBLE for your cost not to be covered if/when the dividend is announced of at least 7 cents.

Think about it, let say you hold all of your shares all the way to the dividend and never sell. BIHC could plummet to .0001 after the dividend and you still would have not only covered your cost but also make a MINIMUM of 100% profit.

I'm not in any way, shape, or form suggesting for anyone to hold until the dividend. That is everyone's own personal decision. No one knows what's going to in this PR but we are hoping/expecting it to be a monster. Maybe it will be wise to hold through the divy? Maybe it won't? I don't know nor do I pretend to.

What I do know is that if/when the divy is announced, EVERYONE invested prior to the PR will have their costs covered GUARANTEED. So, why would anyone sell a small portion to cover their costs when your costs are already covered? What I suggest to all of the longs here is to hold for at least a day or two or three as tight as you can. Don't let the MM's manipulate the PPS anymore by printing small trades and downticking it as we have seen time and time again over these past 4 months (after July 31) playing these psychological games with the investors and us longs.

I really, truly believe if enough longs hold all of our shares extremely tight for at least a few days, as we lead up to the ex-divy date, the hedge/shorting company will tell the MM(s) to let the PPS go so they can cover their "air shares" by finally inducing us longs to let go of our shares when the price is right in our eyes. I hope other longs see things this way.....JMHO

Repost4

You have nailed it. Very accurate and level headed explanation to all, on laymans terms. . . . as confirmed by robertdaily. Easy to understand!!!!

One point I'd like to make in contrast however if you do not mind. . .

I disagree with the part per someone having a personal vendetta against Mr. Galo or that they are convinced this is a scam.

My take on it is:

They KNOW this is not a scam thus the uproar and heavy pushing of the bashers, and it is NOTHING PERSONAL against Mr. Galo . . . . IT's MONEY and GREED. Next is "EGO". They are the BIG BOYS and "how dare a little new kid on the block (Mr. Galo) come along and take them for a ride, upsetting their applecart." HOW DARE HE? WHO DOES HE THINK HE IS? WE NEED TO SHUT HIM DOWN BEFORE HE SETS EXAMPLE THAT OTHER ENTREPRENEURS COULD SUCCEED AT, ALSO MENTORING after Mr. Galo.

Other than that . . . you have done a wonderful research and explanation to all who never understood the nature of the BEAST called the Naked Short Seller/selling.

In note to this, I've seen it so many times (in the corporate world), that whenever a newcomer presents a fantastic idea, regardless how good it is, management will shut it down every time, unless it was their idea. Many times they'll get rid of the person who came up with the idea, then pursue the exact same idea as their own. IMAGINE THAT!!!!!

This is why they will do everything in their power to shut down this short squeeze by trying to panic and confuse all of the shareholders.

Semper Fi

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