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S&P 500
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US TECH 100
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rnoutlaw21

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rnoutlaw21

Re: Carlosstock post# 1959

Monday, 08/08/2016 10:28:40 AM

Monday, August 08, 2016 10:28:40 AM

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By shorting a stock (look that up if you need to) you run the risk of losing thousands of percent, especially if news breaks after trading closes. This investor was short and the stock shot up after market closed. Since he borrowed shares at a very low price, he had to buy them back and return them at a much higher price.
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