Posted On: 02/18/2016 5:47:44 PM
Post# of 96881
It raise's the price of the Stock, so it is not the price they shorted at.
Thus they have to either cover before the Split or lose their A$$ because of the imbalance between their short price versus the Higher Reverse Split price.
JMHO
I am not an expert!
Thus they have to either cover before the Split or lose their A$$ because of the imbalance between their short price versus the Higher Reverse Split price.
JMHO
I am not an expert!
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