Nov. 24 at 8:39 PM
$BNC according to BNC latest 8-K, BNC has started buying back shares. They also sold some earlier when the share price was 15.07 and bought back more around 6.77. theres def some big time shorting going on. how are we still at
$5.35?? this is absurd. but i am happy BNC has begun share buybacks. Namdar is a solid CEO. he cant control the shorts (JP Morgan?). how do you slay the dragon?
The press release provided an update on the Company’s previously announced common stock repurchase program. Since September 22, 2025, the Company has repurchased 1,170,306 shares of common stock, at an average price of
$6.77 per share, under the repurchase program.
The press release further notes, among other items, that, since August 25, 2025, the Company has sold 856,275 shares of its common stock at an average price of
$15.09 per share under the at-the-market offering program pursuant to the previously disclosed Sales Agreement with Cantor Fitzgerald & Co.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1482541/000149315225024180/form8-k.htm