Replies to post #92158 on SPO Networks Inc (SPOI)

[Nikodemos]

They buy out their short-position & return those
borrowed shares to the brokerage firm from
whence they came (usually).

You take a short position. The money from the sale
of shares goes INTO your account ...IMMEDIATELY;
instead of getting the shares (as a "long" or buyer
might) ...YOU get the money!! Later,... when you
either close out your position, or are FORCED TO
DO SO (aka "margin call"), you BUY BACK the
shares...(& relinquish, your "short position").

Got it?


HLNT