InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,528.93
(
-2.12%
)
US TECH 100
18,440.00
(
-3.21%
)
Dow Jones
40,936.93
(
-1.51%
)
Brent Oil
73.62
(
-4.62%
)
Bitcoin
57,988.74
(
-1.91%
)

Replies to post #3836 on XNRGI Inc fka NPWZ

Replies to #3836 on XNRGI Inc fka NPWZ
icon url

Greed_e_Smurf

05/18/11 10:51 AM

#3838 RE: XNRGI2008 #3836

Covering refers to the act of short-sellers buying back the shares they've sold.
icon url

Greed_e_Smurf

05/18/11 10:53 AM

#3839 RE: XNRGI2008 #3836

most on IHUB will probably only mention covering in terms of short-sellers being forced to buy back shares (as everybody always wants to yell short squeeze), but it's just the closing of short positions.