only allow shorts to short more. It also shows the desperation of a failing company and brings new hedgers to the short ball. It's like smoke and mirrors and only puts of the day of delisting.
Disagree almost 100%.The reverse split does give the short-sellers extra ammo.That enhanced short-selling means you can now buy the same business as yesterday for 15% cheaper. Done and Done. I started a position at $3.47.