Well it's up over 100% from where it was friday before he put out the news. If there are unhappy TELA shareholders they are welcome to bail with a 100% profit.
Well lets give him the benefit of the doubt and see what he releases near term. Unless maybe he is thinking that very few if any were really vested in TELA and since the recent surge they may have bailed anyways. On the surface it does seem like a dirty thing to do but if he knows TELA only had a few shareholders on record and maybe 90% of them were on the ask a few days ago then most if not all shareholders right now would be of BHUB substance. Could be a good play. These things move for crazy reasons.