InvestorsHub Logo
icon url

sageofflorida

01/08/09 1:24 PM

#40703 RE: nez #40700

If on the other hand Nez someone had done the opposite- yes I can see a profit.

Always remember MM's can naked short :)

Just my 2 cents worth.

Sage.
icon url

veritas-twj

01/08/09 1:38 PM

#40709 RE: nez #40700

nez -

The profit on the hypothetical trade which you proposed would be $2,000 minus commission costs...


Although please note that your terminology was backward: you would short SELL the 10mm shares at .0006 and BUY the shares back at .0004 (in order to close out the short position and take your profit)...

Tom

Patience.