Shorts still have to cover
$Exela Technologies(XELA.US$ Whenever shorts cover this is going to run into the 20's.
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Blessed Trader : Lol even if it does I prob won’t have much stock left seeing how they keep reverse split
toomanyscammers Blessed Trader: u still even had any left after the split? mine all gone. wonder if can get it back? prob not right
Kyle9742 : Did they returned 8M+ short shares yesterday? But how come it dropped so hard?
Mcsnacks H TupackOP Blessed Trader: They won't be able to reverse split anymore. If it comes to them being under a 1.00 again they will delist or declare bankruptcy. There's only so many bridges they can burn.
Mcsnacks H TupackOP Kyle9742: They didn't return them. They got reduced by the split into 47,000 shares.
Mcsnacks H TupackOP Kyle9742: It dropped because investors got pissed off they reverse split again.