Anybody see what brad s wrote about short selling
Post# of 39368
Posted On: 08/11/2015 9:09:52 PM
Anybody see what brad s wrote about short selling today in response to kanola?
He wrot this:
Re: kanola Post# 94087
The intent is to put treaty out of business not to have to cover.
Apparently you've never shorted a stock before. You do realize in order to take your gains when shorting, you have to cover, don't you? If for some reason this ticker would cease to exist, the shorts would be screwed because they wouldn't be able to cover and collect their gains.
See the only problem with NAKED short selling is the shares are sold without ever being borrowed in the first place! What is there to cover when they never borrowed any shares?
He wrot this:
Re: kanola Post# 94087
The intent is to put treaty out of business not to have to cover.
Apparently you've never shorted a stock before. You do realize in order to take your gains when shorting, you have to cover, don't you? If for some reason this ticker would cease to exist, the shorts would be screwed because they wouldn't be able to cover and collect their gains.
See the only problem with NAKED short selling is the shares are sold without ever being borrowed in the first place! What is there to cover when they never borrowed any shares?
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