Replies to post #327381 on ERHC Energy Inc (ERHE)

[Krombacher]

A short can in theory have access to as many shares as needed to short sell all he wants (provided he meets margin requirements, etc.)

So yeah, the share price will plunge when a short seller floods the market with shares...especially an illiquid one, like ERHC.

But at some point...sooner or later...every short seller is a buyer in the future...because they must buy to cover.

What's going to happen when the supply dries up and they can't buy?

The buying to cover hasn't happened yet. What if no one sells to them?

Their only hope to cover on hundreds of millions of shares is for the company to go bankrupt.

But what if Offor won't allow the company to go bankrupt?

Krombacher