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Re: Lewrock post# 109225

Tuesday, 07/19/2022 2:15:19 AM

Tuesday, July 19, 2022 2:15:19 AM

Post# of 194832
Funny thing about shorting a stock is the huge risk you are taking if that stock has big potential.

If you are long and buy, let's say $10000 worth stock, you may lose... maximum those $10000... But things do not work the same if you are short

Let's say you go short and invest those $10000 selling at $10 (a total of 10000/10 = 1000 shares), which might have been the case in many instances with LWLG... When the rocket takes off and PPS goes to $70 (for example) , you wouldnt be losing those $10000 but you would have bought 1000 shares @70 and sold those 1000 shares @ 10...
In summary the short would have lost 70000 - 10000 = $60000.... Wow!!!!
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