Many holdings are too-worthless-to-sell,commissions not=worth it, may as well roll the dice. Plus a few faithful still believe in miracles.
Sometimes there's a brief bounce after R/S, but in this case he's not even reducing the # of shares! They almost always reduce the # of shares so each share is worth proportionately more, Tom doesn't give a cr%p, he's only interested in new "investors" who might fall for his line hook, line and sinker. Sinker being the operative word.
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