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S&P 500
5,609.96
(
0.59%
)
US TECH 100
20,049.20
(
0.70%
)
Dow Jones
39,469.36
(
0.45%
)
Brent Oil
84.85
(
0.18%
)
Bitcoin
57,692.12
(
-0.56%
)
Post# of 79352
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spacecowboy045

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spacecowboy045

Re: OCMillionaire post# 15443

Wednesday, 07/31/2013 11:48:38 AM

Wednesday, July 31, 2013 11:48:38 AM

Post# of 79352
I need some education on shorting, I don't short stocks so I'm not up to speed on how it all works.... why would anyone short a stock when it is at this level? When you short it, isn't it your speculation that it will go lower in value? Wouldn't it make sense to short it when it is at .0085 then cover when it's at .0045? Unless I'm missing something shorting right now makes no sense, I would think that, if there are any shorts here, they would be covering which would drive the pps up. I guess I'm missing something...
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