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SnoBlower

05/31/12 4:15 PM

#1382 RE: PokerVertigo #1381

"XYZ" is trading at $6. If you want to short 1000 shares of "XYZ" at $6 then you have to have $6000 in your account to do so. Now you owe 1000 shares regardless of what the pps turns out to be. Can be really awesome but can potentially be exponentially devastating too.
I don't enjoy it much but every now and then I short. Though if I had a lot more funds I would short all day. :P