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TriggerTheRookie

03/21/14 10:05 AM

#120462 RE: atglobe #120457

Shorting:

You have 1,000 shares worth $1 each.

A short seller 'borrows' your 1000, sells them for $1 each.

He waits for the price to drop to 50 cents, buys them back, returns your shares, and keeps the $500.

Savvy? :)
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WhiteSpir1t

03/21/14 10:07 AM

#120464 RE: atglobe #120457

On what it means to "go short" or "shorting a stock". Had to explain this to some bum**** who thinks he knows what he's talking about. Look at my post history and you'll find the post. Hope this helps:


"Listen. If your sister thinks she can trust me and loans me her $100,000 Benz for two months while she's on vacation.

I take her car and sell it without her knowing it for $100,000.

I gained $100,000.

She comes back 2 months later and asks for her car.

I go looking for the guy who I sold it to two months ago and pay him just $80,000 since the car has depreciated after two months.

I then return the car to your sister. How much did I make? That is how you short stocks.

What you are saying doesn't make sense."
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Stowe

03/21/14 10:08 AM

#120465 RE: atglobe #120457

I believe ihub has a board for new people
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superglide162

03/21/14 10:10 AM

#120469 RE: atglobe #120457

There is allot of info out there. You should have an education area with the brokerage that you are using. Or just google what you are looking for and it is all there. Lots of books also out there for you to learn with. Shorting a stock is just betting it will go down instead of going up. Do not believe most of the things you here on this board. Almost everyone has their own agenda and don't really give a damn about what you think or are doing. If you read something you think is a good deal just double check for yourself. Read everything you can or investing or trading can break you very fast. Never be afraid of taking a profit at any time, you will never go broke that way.

Just my opinion of course.

Have a great day!!
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sroam4

03/21/14 10:28 AM

#120500 RE: atglobe #120457

investor.gov