Sage Gold Inc SGGDF

RE: low finish

[martinishaker]

A traditional stock purchase by buying holding for a period and selkling is a called a long position in a stock. The reverse is a short. A shorter FIRST sells a stock he or she does not own, and replaces it when he or she buys the stock, and makes a profit if bought lower, and looses money if has to buy back at a higher price. The original transaction puts downward pressure on a stock via increased asks, or by taking out bids....... the shorter can short for as long as brokerage houses can borrow stock. Margins are required for shorters. When the shorting transaction is finished the shorter buys stock, putting upward pressure on the stock price.... Day trader is someone who buys and sells in the same day, or even holding for a day or two depending on the play of the stock.