RE:Retiredvet: OK, I talked to my brokerLOL....funny stuff!.....quote=sandysouci]and she said that I was lucky to have found out that AGRA shares will be dropping so much and so soon, and that to really make some money, rather than wait for 40 cents to buy, that I should "sell it short" now
I'm not really sure about doing that (have never done it before), but it sounds like it makes sense
she said I should sell it now (69 cents), and then buy it back later around 40 cents, and that I would make a very nice (and quick!) profit... apparently it's done all the time by hedge funds and institutions like pension plans
then, I could buy even more at 40 cents, and then maybe it will bounce back UP, and I could make even more profit in the other direction!!!... I really like the sounds of that
anyway, I have told her to go ahead on Monday and put this plan in action
this is exciting, and thanks again so much for telling me (and all of us) about this!...
finally, I have access to "inside" information, and will be part of the "smart money" that I've always heard about... you have to love Stockhouse, I'm so glad I stumbled upon it
this is going to be exciting!!![/quote]