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Replies to #2241 on ALCOA Inc. (AA)

bar1080

11/25/15 7:17 AM

#2242 RE: GoliathVette #2241

So you won't do it? I figured that.

bar1080

11/25/15 8:00 AM

#2245 RE: GoliathVette #2241

Wealthy investors shouldn't short because it stinks from the tax standpoint.

The link below has a tidy list of ten reasons for not shorting stocks. I can think of several more, by the way. Of course there are the two main reasons, and they especially apply to Alcoa:

1) Risk on a short is unlimited;
2) Statistically the odds are against you since stocks usually rise.

http://www.tradingmarkets.com/recent/10_things_you_must_know_before_shorting_a_stock-677802.html