GREY:BXEFF - Post by User
Comment by
Chris007on Oct 03, 2019 2:56pm
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Post# 30193105
RE:RE:RE:Short returns
RE:RE:RE:Short returnsStraite wrote: Not really, consider this, you buy for 0.4$ technically and you sold for 20, 40 or 70$. its like buying and selling but inversed. now if this is 0 its like infinity % return.
You obviously don’t know how to calculate returns of a short sale.
example: you sell at 100 shares at $20. Proceeds will be $2000
stock falls to 5, where you cover (5 x 100 = 500)
$2000-500=1500
1500/2000= 75% return
zero example:
short 100 at $20 = $2000 proceeds
stock falls to zero
$2000-0=2000
2000/2000= 100%