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nwtf

07/10/21 9:21 PM

#347479 RE: Krombacher #347478

More unfounded bullshit.
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ssc

07/10/21 11:46 PM

#347480 RE: Krombacher #347478

Some of these bullshit bullish erhe scenarios are so ridiculous, it is hard to believe they are offered seriously. This latest one appears to be some type of joke:

If a short shorts a billion shares of ERHC prior to the greys at $.0003, then that's a cool $300,000 profit with hardly any work if the threat of revocation sends the stock to zero as investors run in fear.


The tell in that joke is hilited in red - the big "if". Of course the punch line is that to make that maximum potential profit of $300,000 the shorts would have to risk unlimited losses. Even if erhe went to just 1 penny, the losses would be $10 million. At 3 cents the losses would be $30 million. And stocks like erhe can jump to a penny or more on nothing but rumors and social media driven traders piling on. No one, in this environment, would risk $30 million or more just to make $300,000. But thanks for the laugh. Shorting against the box was funny, but this $300k vs. $30m or more takes the eggplant.