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Re: hankmanhub post# 810799

Thursday, 01/22/2026 10:06:42 AM

Thursday, January 22, 2026 10:06:42 AM

Post# of 828936

It is interesting trading this morning. In the last few minutes some 500,000 shares traded, but the share price did not budge from .29 at all.



Yes, that is because of the dilution. Les Goldman told me this himself.

He said the guys they're selling a lot of shares to are working both sides of the trade. They are selling short and buying, so they win both ways. Not making this up, he told me this on a 45 minute phone call in 2024.

So today for example. They short at $0.29, but they cover the short immediately with shares they bought from the company at a discount. In that manner they can keep the price relatively flat at $0.29 because they are 'buying' their own shorted shares back instead selling their bought shares into an open market and driving the price down with too much sell side volume.

Direct trades like this are regulated and aren't technically legal, but when the MM's/funds work together and swap they can fill these orders for themselves with loopholes - and OTC greatly helps.

Again, not speculation, this came straight from Les Goldman's mouth: "The guys buying most of our shares, they're working both sides of the table, so they win either way - they actually have 3 ways to win. But we have to sell to them"
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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