Anavex Life Sciences Corp (AVXL)

[Drano]

Not correct, your statement "Being long is as risky as short."

If you are long, you can lose only your total investment.

If you are short, your losses are UNLIMITED.

What if you had shorted JAZZ at, say, 30, and then it ran up to 180? If you had bought JAZZ, you risked only the 30. But, by shorting it, you lost 150.