One doesn't buy stock to short. To short a stock y
Post# of 32230
![](/assets/46931549/no_avatar_available_thumb.jpg)
Say LT shorts VERB at $1.40. The offering goes at $1.30. Using the over-allotment shares LT can cover at $1.30. Ten cents may not seem like much but shorting allows them to keep the price down (easier to on-sell to institutional clients) and on half million shares plus 6% of the deal it adds up.
However LT has costs and risks too.
Enough on this topic for me.
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)