Replies to post #3986 on Bingo Nation Inc. (fka BLTO)

[1984ISHERE]

Yep, with a new push next week the 11 mil shorts will have to buy to cover. Very obvious from those same names bashing on board, they look for promos to short and they do it over and over again.

Hopefully this will be some follow through from the buying group and this company has a shot to succeed on its own now that they have funding and our on the Gold Silver Copper etc...

They might have won the initial battle, but lets hope the bulls win the larger war.

[janice shell]

Now they'e citing the daily short volume reports? Sheesh. Paolucci knows better.

[BagsForAll791]

If you believe that shorts brought this down then you shouldnt be trading these otc's. Either that or your a pumper. If you believe shorts are the reason for the dump, or if you believe anything these promoters tell you, you will go broke FAST. VKMD collapsed because tbx dumped all their shares first and second day.

[baomike]

We're at war with the shorts!

Try boxers next time eschew the briefs.

Based on "you might have been mislead" read the following:
""
One of the primary functions of broker-dealers is to act as intermediaries for
investors that are buying or selling stock. Often, to carry out that function, broker-
dealers will handle such investor orders on a riskless principal basis. A riskless sale
is one in which a broker-dealer, after having received an order to sell a security, sells
the security as principal, at the same price, to satisfy that order. Regulations require
broker-dealers to mark their proprietary riskless sell order as short if they don't own
the security, even if the customer order to sell the security is long. Since broker-
dealers generally don’t maintain a position, a significant number of such riskless
sales are reported as short, even though the customer is selling long, and the
broker-dealer intends to and will buy the shares from the long selling customer
immediately after the proprietary riskless short sale takes place. Typically, the
broker-dealer's position is short for considerably less than one second.
""

Otherwise it would appear to be a will full misstatement of the facts in an attempt to influence the price of a security.

[EarnestDD]

No Net Shorts on VKML. All Covered.
jmo