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Re: IronPantz post# 11762

Sunday, 02/28/2021 1:20:36 PM

Sunday, February 28, 2021 1:20:36 PM

Post# of 141112
This is the best way I can explain what a short is
1. Short is billionaire that borrow majority of shares that he thinks a company might go bankrupt.
2. Short borrows this at 10$ expiration June 1
3. The short is counting on this to go down.
4. June 1 come and stock is at 6$
5. Shorty makes 4$ in each share
6. If company goes bankrupt short gets all 10$ and doesn’t have to pay any capital gain tax.
7. What the short does he controls the stock to drop the price.

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