Replies to post #108090 on Bancorp International Group Inc (fka BCIT)

[zxc]

set4lifemm...best post of the day! Maybe BCIT can ride on the coattails of this case. What's important here is not the outcome of the company's proposals, but the total number of votes cast.

[RedneckInvestor]

Great example of another negative effect from shorts, naked shorts, air shares, FTD's or whatever term strikes one's fancy.

33% extra votes could certainly sway company direction and decisions. If they vote for things like S-8's, it makes it much easier to continue shorting.

Heck, I bet they could short one right into bankruptcy if they chose to do so, but I'm sure there's not that much evil in the market...