The dark side-sag4tag
in response to
by
posted on
Nov 24, 2007 01:29PM
Discuss the various junior resource companies within the McFaulds Lake Area
as I understand shorting, you would borrow the 150,000 share sell them for $7.00 in the example $1,050,000. Sell meaning collect the money.
to cover & return the borrowed shares, you bought them in the example at $.40 or $600,000. Profit is the same except for any fee for borrowing the shares