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Re: dragon52 post# 60493

Saturday, 09/21/2019 4:59:13 PM

Saturday, September 21, 2019 4:59:13 PM

Post# of 71147
Short sellers don't make profit when a stock's price goes up.... hence the term "short selling". There is no riding it back up....


https://www.investopedia.com/ask/answers/maintain-short-position-delisted-stock/


Short shares are "borrowed" shares. They have to be bought back when the position is closed. Short sellers don't have to cover if a stock is "delisted" and "bankrupt". Both are key, not just delisted. Short sellers still have their positions, the same as those going long when trading was halted so if the shares are re-issued they must cover when trading resumes....IMO.

GL
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