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Re: atglobe post# 120457

Friday, 03/21/2014 10:07:33 AM

Friday, March 21, 2014 10:07:33 AM

Post# of 158400
On what it means to "go short" or "shorting a stock". Had to explain this to some bum**** who thinks he knows what he's talking about. Look at my post history and you'll find the post. Hope this helps:


"Listen. If your sister thinks she can trust me and loans me her $100,000 Benz for two months while she's on vacation.

I take her car and sell it without her knowing it for $100,000.

I gained $100,000.

She comes back 2 months later and asks for her car.

I go looking for the guy who I sold it to two months ago and pay him just $80,000 since the car has depreciated after two months.

I then return the car to your sister. How much did I make? That is how you short stocks.

What you are saying doesn't make sense."

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