Maintaining a short position on hard to borrow stocks

K

kinbox

ET has been a wonderful goldmine of information for me. Thanks to all for that!.. Here is my first post and a question:

Is it possible to maintain a short position on a hard-to-borrow stock by continuously covering and re-shorting it at T+3.

I mean if I short a hard to borrow stock on day 'T' and suppose it cannot be borrowed within T+3 time, can I cover my original position and re-short it on day 'T+3'?

What are the drawbacks and is it allowed at all?

Thanks!
 
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