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stockhound101

05/20/06 1:00 AM

#207327 RE: pantherj #207317

Short selling does dilute the float.
If you place a marker in an account that isn't really a share, but only a marker saying that you know where a share is to put in it's place if need be, then that duplicate share dilutes the float by one additional share.

Yes 700 billion shares was more than enough dilution for several companies put together and if someone had control over those shares they could short(borrow)against them and add another 700 billion to the mix. Now that's a lot of nano's

The only thing I want to know about this company is what the float was when the dividends were given out, because I "believe" that would be the only time this company would have had a massive short position.

If CMKX ever had a massive short position and the company really wanted to prove it, then they would be pulling a cert pull on the shares given as dividends not CMKX shares, or they could give them some value then make them tradable and then see what happens.