Biolase CEO Takes Dead Aim At Naked Short Sellers – Main Street Cheers
Seeking Alpha, 20 August 2013
Federico Pignatelli, Chairman and CEO of Biolase Inc. (NASDAQ:BIOL) called out naked short sellers and short-sellers attempting to manipulate shares of BIOL August 19th, in a candid press release. In short Mr. Pignatelli disclosed that Biolase will continue to issue stock dividends on a periodic basis to reward long-term shareholders and thwart the naked short selling of Biolase stock.
