GREY:BFDRF - Post by User
Comment by
KINGKONG1on Apr 04, 2017 3:59pm
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Post# 26075398
RE:RE:LOL BAD DAY FOR SHORTS
RE:RE:LOL BAD DAY FOR SHORTSShorting a stock :
The shares are sold and the proceeds are credited to your account. Sooner or later, you must "close" the short by buying back the same number of shares (called covering) and returning them to your broker. If the price drops, you can buy back thestock at the lower price and make a profit on the difference. Sacks you must be a rookie feel free to ask any question.