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Saturday, 11/05/2011 2:11:23 PM

Saturday, November 05, 2011 2:11:23 PM

Post# of 136066
the term "long" is so often mistaken or defined to fit peoples penny stock/message board traders/investors mindset..

there are two forms of investing in the stock market regardless of the security and they are known as "long and short" (not including calls, puts or options)..

a "short" position is one where you're able to sell shares of a security not in your portfolio hoping it drops in price so eventually when you buy those shares back you will profit by paying less than what you sold them for (length of time other than for tax purposes is irrelevant).. a "long" is anytime you buy shares at the market rate and hold for ANY length of time, which could be decades, years, months, weeks, days, hours and sometimes minutes..

so "flippers" are Always LONG on a stock just like someone that intends on holding for ages.. the difference is the flipper may be "long" only for a hour, day, week or month vs someone planning on holding till death..

that's the part that always baffled me.. some "longs" plan on selling in years, other longs plan on selling in decades, why aren't they arguing? what's the difference?

my disclaimer; I am and always have been "LONG" on BRAV.. sometimes for months other times for weeks, days or hours..