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Re: $treet Trader post# 26431

Wednesday, 04/21/2010 10:13:29 PM

Wednesday, April 21, 2010 10:13:29 PM

Post# of 44103
Buyins.Net states that 3.24 billion shares are short. However, the public float is stated as 404 million shares. How do we reconcile this. It appears that shorting took place on Wednesday. Why would someone be shorting if BEDA plans to buy back half of all the O/S or public float. It doesn't add up. Is the buy back for half the O/S or half the public float? Where is the money coming from to do this.