RE:quinlash, you post non stopKeeler wrote: about shorting - but you have no clue as to how it works.
Let me help you - I'll keep it simple.
A 'shorter' borrows stocks high, let's say $10.
He sells those stocks - and pockets or invests the cash.
When the stricken drops - let's say $5 - he buys the rock and repays the original lender. The shorter makes a profit of $5 a share.
Too risky for me - but given Tilray share price has dropped to near 52 week lows - it seems that pretty much any short investor has had opportunity after opportunity to make money.
Meanwhile, a long such as yourself has had his money tied up in a dead money stock - and seen his potential losses grow.
All this while you wait for US legalization.
Post by
quinlashon Oct 02, 2024 12:16am 
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Post# 36249493
RE:quinlash describes Tilray
This is why I suspect many who sold short were mislead
Hey Quin
Does that game plan work if a short seller borrows tinkray stock at say $2.20 us and watches it drop under $1.70 usd. Or is that just theoretical?
Even though you have to put up 150% at 2.20 with every drop of a dime it readjusts to allow a person to sell more shares short on the way down, with the same initial money put up right? So not only can I watch my investment grow but my share count grow also all while having one standard amount of money invested....
COOL.
Thanks for clarification, I was so mislead.