Bearspread. Two things. Obviously it's been MANY years since ZN shares were available to PUBLICLY short in the traditional definition. I'm not referring to this type of shorting. Also of course I know how management incentive options work. But you miss my point completely. Insiders COMBINED exercised and sold 250,000 "1" cent options for 20 cents which amounted to a whopping TOTAL of $50k in profit lol. Meanwhile ZN's CAP is immediately manipulated down over 5 million as ZN pps is pushed down from 20 cents to 14 cents. SHORTING a stock doesn't have to meet the definition of selling and then buying to close at a profit. On thinly traded stocks (such as ZN) short teams often work together or independently to drive prices down by selling back and forth in buckets all the while buying up the weak hand sellers. You know this right? Neat indeed as you like to say.
RE: "Insiders exercise stock options at an exercise price of 0.01. Then later sell them to market at the going price. A 20X profit. Neat.'
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