RE:Newbie Beech, help me on the mechanics of how anyone makes a profit on this: "Millions of warrants shorted against shares held by institutions is the predominant reason for our current SP."
According to NASDAQ-OTC data, short position on BNHLF is currently 186,000 shares. I could not find the short positions for the TSX. (Can anyone tell me what it is currently?)
The warrants are not listed on any market, so they can only be privately traded. I therefore assume you mean somebody is holding the warrant and shorting the share. So during the most recent share issue, for each unit they bought, they got 1/2 warrant plus 1 share. Are you saying they sold their shares and kept the warrants. Then borrowed more shares equal to the number of warrants they hold and sold those shares too. So now lets say they are long 1 warrant and short 1 share.
So how they will make a profit on that when the stock goes up?