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Posted On: 07/15/2019 1:11:52 PM
Post# of 75355
Just trying to keep it factual, and the definition of short selling was not correct and therefore had the potential to be very misleading.
Shorting a stock, also referred to as "short selling" or "selling short" is the act of borrowing shares from a broker which must be returned to that broker at a later date. The short seller's intent is to sell those borrowed shares on the open market, anticipating a drop in the pps and even "helping" it to do so.
They'll often coordinate their efforts in what is referred to as a "short attack", dumping borrowed shares in large quantities and for lower than current ask prices which, along with some help from hired bashhole turds slinging their bashing BS, will often cause panic selling amongst flippers and other weak hands.
The hope of those shorting the stock is that the pps will fall so that they can buy back the same number of shares (which they will have to return to the broker) for less than they sold them for. They are free to pocket difference in the pps minus, of course, any commissions on their trades and capital gains taxes.
The definition of "short sellers" in the deleted post suggested that they were traders/investors that sold stock that was held for less than a year. That does constitute a short term investment as far as it applies to capital gains taxation, but people who sell shares held less than a year are not "short sellers". No big disaster, but I thought maybe you would inquire in a private message. Anyhow, I guess it's just as well the definition is clarified on the board.
Shorting a stock, also referred to as "short selling" or "selling short" is the act of borrowing shares from a broker which must be returned to that broker at a later date. The short seller's intent is to sell those borrowed shares on the open market, anticipating a drop in the pps and even "helping" it to do so.
They'll often coordinate their efforts in what is referred to as a "short attack", dumping borrowed shares in large quantities and for lower than current ask prices which, along with some help from hired bashhole turds slinging their bashing BS, will often cause panic selling amongst flippers and other weak hands.
The hope of those shorting the stock is that the pps will fall so that they can buy back the same number of shares (which they will have to return to the broker) for less than they sold them for. They are free to pocket difference in the pps minus, of course, any commissions on their trades and capital gains taxes.
The definition of "short sellers" in the deleted post suggested that they were traders/investors that sold stock that was held for less than a year. That does constitute a short term investment as far as it applies to capital gains taxation, but people who sell shares held less than a year are not "short sellers". No big disaster, but I thought maybe you would inquire in a private message. Anyhow, I guess it's just as well the definition is clarified on the board.
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