RE:RE:RE:RE:Who wants to play GUESS THE CHARLATAN?I agree. It makes zero sense for the small retail investor to short a stock while holding a long position. They absolutely and effectively cancel each share out one for one. Put options could be a potential insurance, no such option exists for our Valeura.
waitingstill wrote: Okay, explain the purpose of having both a short and long position? Unless it is for tax purposes (which I understand is actually illegal - shorting the box or something like that), how does having a 2000 shares long and 1000 shares short made any difference from just having 1000 shares long?! If you feel overweight with your long shares, just sell a few. Unless of course you have so many shares that selling a portion will affect the share price but considering the volume, I highly doubt that. So please explain the rationale. TIA