put his two announcements together from 7 June and today, you'll see he has used the stock as collateral to purchase some calls on a spread of $0.40 to $0.56, the bank has "borrowed" the stock to lend him the $. the bank would have bought stock to cover the call so he's effectively buying more shares
after all the shorting by the hedge funds over the last 6 months (check out the substatial notices to find out who that was), why would he want to short his own company!
duh!
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put his two announcements together from 7 June and today, you'll...
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$1.07 |
Change
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
---|---|---|
2 | 46998 | 1.070 |
3 | 32651 | 1.065 |
2 | 4676 | 1.060 |
2 | 13578 | 1.055 |
11 | 76415 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.075 | 938 | 1 |
1.080 | 33145 | 3 |
1.085 | 2176 | 1 |
1.100 | 118389 | 3 |
1.105 | 15000 | 1 |
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