Replies to post #12474 on Nikola Corp (fka NKLAQ)

[Donotunderstand]

??

The company has declared (file?) CH11
The company has said it will sell its assets

And the stock continues to trade and today is in the green ?

Are you suggesting that shorts need to "cover" (own the stock they shorted - visibly) ?

That often can be the case at extreme low prices --- but NKLA has declared bankruptcy and I can not imagine anyone ever looking into those who shorted a company that went 11

(or maybe at 45 cents a share - buying to "cover and close" is a cheap insurance policy to avoid any problems - especially for those who shorted at post RS at 25 and 15 and such

YET -- it does baffle me that the stock is trading at all