Replies to post #16530 on Solei Systems Inc. (fka SOLI)

[Fishing at Surfside]

Very interesting..

Believing that BPTH would continue to drop back to its previous levels, Reynolds executed a series of sales transactions that resulted in a “short” position of 824,436 shares of BPTH on March 6, 2019.

Instead of the price continuing to drop as Reynolds hoped, BPTH saw another huge volume spike (72,385,800 shares traded) on March 6, 2019 sending the share price to a new high of $14.40/share.

The trades made by Reynolds were not authorized by Spartan and since BTPH had an average price of $9.32 per shares, or an aggregate $7,683,744 in short value it far exceeded Reynolds daily trading restrictions.