Harry Sinclair did not hide anything from them, and shared the analysis results he had just discussed with Hein Howell.
"You both can rest assured, Sinclair Oil Corporation's current share price is only temporary. Once this matter is over, the share price will continue to rise. Based on the stocks I am now acquiring, not only will I be able to pay off your debts all at once, but we will also make a nice profit!"
Worried that they would not lend him the money, Harry Sinclair tried to persuade them.
"The stocks that Donnie is now selling are all borrowed from brokerage firms. When the time comes, Donnie will need to repay 'harmony' stocks. By then, he'll have to buy them back, and not for 50 cents a share, but for 1 US Dollar each!"
This was actually the reason why Harry Sinclair was still using his own funds to buy back these stocks—he was certain that this time Donnie Block would surely fail in the short-selling battle.
