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SevenTenEleven

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SevenTenEleven

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Re: janice shell post# 2359

Monday, 03/21/2011 8:02:52 PM

Monday, March 21, 2011 8:02:52 PM

Post# of 20257
Your greatest profit shorting is 100%. Your potential profit pumping and dumping is limitless. - Janice Shell

What is the profit potential naked short selling? Is it actually something that can be calculated?

If you sell something you do not own, borrow, or intend on borrowing, your cost basis is what?

As far as short selling legally, one's margin costs are their cost basis.

So let's say someone borrows shares and shorts sells them. Assume their margin interest is $10 and they turn around and make a $1000 profit. That would be a 10,900% profit.

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force market makers to cover their shorts above what you paid. Build wealth for fellow iHub'ers!

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