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S&P 500
5,307.01
(
-0.27%
)
US TECH 100
18,228.40
(
0.00%
)
Dow Jones
39,671.04
(
-0.51%
)
Brent Oil
81.47
(
-0.08%
)
Bitcoin
69,490.60
(
0.56%
)
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MC10459

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MC10459

Re: gimmeabrk post# 8699

Tuesday, 07/30/2013 11:17:43 PM

Tuesday, July 30, 2013 11:17:43 PM

Post# of 78243
The way I understand it is: they're basically borrowing X amount of shares, let's say 1000, and at that time the pps is $1.00. If by the time they have to pay back the pps is .50, the shorter repays the 1000 shares at .50 a share. So, he basically just made $500 on the price going down.
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