InvestorsHub Logo
Followers 0
Posts 292
Boards Moderated 0
Alias Born 05/08/2006

Re: creppie post# 135286

Thursday, 10/26/2006 6:46:41 PM

Thursday, October 26, 2006 6:46:41 PM

Post# of 311068
Well lets say you find a stock that has exceded its 52week high, and you feel a change in the air!
You know its going to drop, and drop big, (can give all kinds or reasons lets take Natural Gas, about Feb and it hit its high, warm weather will drop the price there are other examples for a veritey of stocks)

All you want to do is get in and short it!
your broker will (if its not a penney stock)
barrow for you the shares you want to short!
then you sell thoes shares, or the broker gives you money for the shares you do not own, but knows where you live!

Stock goes down, you buy them back keep the diff.
Stock goes up, knock at your door!

Nothing wrong with that at all!
less you deal with the N.Y. family braker er broker