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PennyWorld

09/21/20 3:59 PM

#21944 RE: redwing992006 #21941

red..you sell them at todays price, but have the right to buy them back a lower price in the future...hence the profit (sell high, buy low).

whosjohngalt

09/21/20 3:59 PM

#21945 RE: redwing992006 #21941

yup

borrow them high then later buy them lower & collect the difference

aGuyUS

09/21/20 4:14 PM

#21953 RE: redwing992006 #21941

yes you are right! Nice catch thank you