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Monday, 09/27/2021 2:23:47 AM

Monday, September 27, 2021 2:23:47 AM

Post# of 54173
What short really means. Forget what you've been told about shorting or shorts or whatnot. What short really means is sell or sold. This is very easy to understand.

You have a pair of sunglasses. You sell them for $100. A buyer comes in and buys from you. You are now -1 pair of sunglasses, in essence a short position. You are also now +100 of cash, a long position. Much of this is just basic accounting. 6 months go by, there is a volcanic eruption. No sun for months. You buy your sun glasses back for $50 and you just covered your short position. You have your sun glasses back and made $50.

What if you never cover your short? Well then you are still short indefinitely. Right now Zion Oil is -300 million shares short. They are long cash in the tune of +240 million dollars.

It's important to understand as a Zion Oil investor you are shorting your cash and going long Zion Oil stock when you buy. The opposite is true when you sell.

Zion Oil currently is 'short' 300 million shares of stock. They currently have another 500 million shares available to short.

They blow any market maker away in shares available to short. Believe me, they would much rather short them at .18 cents than at .10 cents or .05 cents.

They realize it's a sellers market. And nobody wants to sell more shares than Zion Oil.
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Total Trades:
  • 1D
  • 1M
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  • 1Y
  • 5Y
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