XELA Stock: Should You Swing for the Fences with Exela Technologies?

On the face of things, Exela Technologies (NASDAQ:XELA) might appear as a low-priced speculation play that could turn in a surprise performance down the line. Specializing in business process automation (BPA) software and intelligent workplace systems, XELA stock is tied to a relevant industry, especially once a return to normal (or somewhat normal) occurs.

But chances are, that’s not what most people are focusing on when they put Exela Technologies in their portfolios. Rather, XELA stock created huge buzz for its ridiculous slingshot moves upward, first in January of this year, then March and most recently in July. But it’s not just the upside that has people excited but rather the mechanism.

Yes, I’m referring to the now popular tactic of people – usually driven by social media posts – gambling against short traders in the hopes of sparking a short squeeze. To be fair, this isn’t a…