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Alias Born 04/02/2017

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Wednesday, 04/19/2017 7:56:43 PM

Wednesday, April 19, 2017 7:56:43 PM

Post# of 107737
Fresh28 I am long also.Because I paid cash for my stock.Shorts have a margin account, which means they are selling a stock they don't own. A short sale is the sale of a security that isn't owned by the seller,but that is promised to be delivered when you short sel a stock.Your broker will lend it to you, The stock comes from the Brokerages inventory,or from one of the firms "customers". Sooner or later you must buyback the same number of shares and return them to the broker. If the price drops ,you buy back the stock at the lower price and make a profit. If the price rises your screwed until the you can cover the shares. Hence the Low Bid and Low ask at the same time...

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