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Friday, 04/30/2021 1:56:53 PM

Friday, April 30, 2021 1:56:53 PM

Post# of 312016
Why shorts want P2O to fail...

What happens if you short a stock that goes-bankrupt or gets delisted?

You make 100% on your return.

Shorting works when you borrow x shares and sell them.

You hold the money and wait for the stock to go down.

Then you buy those x shares back at a cheaper cost and pocket the difference (in theory).

But when the stock goes bankrupt or gets delisted, you don't have to buy those shares back.

Pure profit.

https://www.quora.com/What-happens-if-you-short-a-stock-that-goes-bankrupt-or-gets-delisted?share=1