Replies to post #134945 on Biotech Values

[BTH]

Shorting a PIPE or secondary and covering with the shares is supposed to be illegal. How is it, that after all these deals, in many companies, it is clear as day, to even a novice investor, that this is what is going on, yet, the morons at the proper authorities have done NOTHING about this.

Actually, the SEC fined two retail investors for shorting into secondaries and covering with the shares.....yes, retail guys.