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XJINVESTOR

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XJINVESTOR

Re: newguy11 post# 8684

Friday, 09/16/2016 8:19:07 AM

Friday, September 16, 2016 8:19:07 AM

Post# of 9289
well a short IS a sale but remember they have to all buy back in at some point too!! If you pick the wrong stock you can really get burned by shorting, but I feel it's easier to short than go long because panic sets in. I just made 500.00 on a short on SPPI yesterday - easy money.

OT - Check out NVAX - They have lost 85 per cent of their investment overnight as they failed a phase 3. Ugh -- Feel very bad for those longs who got crushed - if you invest long enough, esp in biotechs - you get on the wrong side of one of those.
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