GREY:CRIUF - Post by User
Comment by
deisman03on Jun 23, 2018 2:44am
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Post# 28217599
RE:RE:RE:up .005 breaking out to upside (LOL)
RE:RE:RE:up .005 breaking out to upside (LOL) Good on you uograd. I hope it lives up to your expectations. I'll bet it will.
Many years ago a sweety young thing tried to introduce me to single malt Scotch. She described it as "Nectar of the Gods." I won't be impolite because a lot of people like this brew which has been filtered through Peat Bog mulch. I never dated her again.
I have never shorted any stock. I have a very limited knowledge as to how it works.
My impression is the shorter approaches an institution to make a bet on the units/shares that the value of said units/shares isn't sustainable. The institution takes that bet. Maybe reluctantly??? because it's forced upon them???
I have always kept my investments away from the manipulations of shorts by putting in ourtrageously high SELLS, knowing full well they can't touch them and of course neither will anyone else until I take the sell off or offer them at a reasonable price.
Scool, when you shorted this trust, what did you have to do???? If it takes to long to explain, I understand. I should be doing my own due diligence on this anyway.
Just for clarity, I don't like what shorts do but I fully understand why it comes about. Shorts serve a very valuable purpose in the markets. They highlight big mistakes when they're made. Sadly it's usually the shareholders that pay for the mistakes.
GLTA the good folks here.