Addax Petroleum (fka AXC)

[nordicroots]

You are correct that it might not seem like a big payday and that the risk/reward might be unattractive to most traders. But doesn't your statement here also presume that the shorting simply began only at the 0.0002 level? It also presumes that someone might look at it and believe in their hearts that the company is going to be bankrupt soon and the risk is worth it because they will never have to return the money. But of course should the company survive in spite of their dire prognostications it could also come back and bite them in the rear end should that not turn out to be the case. The problem with predicting the future, is that no one knows for certain precisely how things will turn out.