SSC,
The louder you scream, the closer we must be getting.
You keep parroting the same tired margin math—"$2 collateral," "$4 billion risk," blah blah—as if you’re quoting gospel. But that logic applies to legitimate, margined short positions, not naked shorts buried offshore, in ex-clearing channels, or hidden in omnibus accounts. You know this. You just hope others don’t.
Ask yourself: If it were truly that absurd, why did the SEC launch Reg SHO? Why did Overstock win $20 million over this exact abuse? Why did DTCC scramble to defend its omnibus process? It wasn’t because someone “imagined” it. It’s because the loophole existed, and in some corners of the market, still does.
As for ERHC: No volume doesn’t mean no interest. It means no shares are moving—the float is locked. And there’s only one reason brokers fear volume in a stock that supposedly has none: they can’t settle what they claimed to own.
And now with Shell drilling Block 10 in July—adjacent to Block 4—and the legacy disputes almost fully resolved, the window for staying in denial is closing. You want to mock? Fine. But the scoreboard turns on execution, not sarcasm.
Enjoy the silence while it lasts.
—Krombacher
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