RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ONE WOULD HAVE TO BE A FOOL TO BE LONG HERE
smallshort wrote: tsx2016 can't seem to be consistent in his story. It's true you cannot be long and short at the same time. Try it.
What is a 'Short Sell Against the Box'
A short sell against the box is the act of short selling securities that you already own. This results in a neutral position where your gains in a stock are equal to the losses. For example, if you own 100 shares of ABC and you tell your broker to sell short 100 shares of ABC, you conducted a short sale against the box.
BREAKING DOWN 'Short Sell Against the Box'
This strategy is also known as "shorting against the box." Sellers use this technique when they do not actually want to close out their position on a stock. The strategy is generally used by investors who believe the stock is due for a fall in price, but do not wish to sell because they believe the fall is temporary and the stock will rebound quickly.
Does this help clear it up?