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Re: nsomniyak post# 10453

Sunday, 08/12/2018 11:06:23 AM

Sunday, August 12, 2018 11:06:23 AM

Post# of 11968
Correct. YOU only buy to go long. HEDGE FUNDS buy stock to go long, but while they wait for upward momentum, they short the stock to recoup the money spent. Also they LOAN out their shares to other short sellers and charge interest. That's what they do, it doesn't matter if it makes sense to you or not. There are many articles about this topic. Go read some. At the end of the day, they make their money back plus profit, and then sell the original shares probably at a loss. This is a penny stock, they don't get respect.
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