Thursday, July 23, 2020 7:05:17 PM
...you seem to ignore the fact that if Offor and friends own 100% of ERHC, then everything they do must be for the benefit of ERHC's shareholders (which is them).
But of course, anything they do for themselves as shareholders, the short sellers have to do for all the owners of the shorted shares.
So if they pay themselves a dividend...then shorts have to pay the shorted share owners a dividend.
If they do a buy out with Total and receive Total shares for their ERHC shares, then so too must short sellers deliver Total shares to all the shorted share owners.
But while people run around saying a lot of stupid things...short sellers are neglecting just how much in dire straits they truly are. A revocation would be a DISASTER for short sellers...and yet they ignorantly might think that revocation is a good thing for them.
They're in store for a wild and crazy education, from learning about EMH to learning about how to read a 13G, in my opinion, which will involve a spanking and then having their ass handed to them.
Krombacher
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