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Message: Re: ....Short covering

Aug 19, 2010 01:28PM

Aug 19, 2010 01:36PM

Aug 19, 2010 01:53PM
2
Aug 19, 2010 02:05PM

.....if i short SGR at $ 5.00 this is considerd a sale and i am hoping the share price drops so i can buy the share back at a lower price, say $ 4.00. I realise a 25 % gain and now am hoping i can realise a upswing in share price back to $ 5.00 and again have a 25% gain...One has to borrow shares to short so lets say, Wink lends me his Warrants and i short at $ 5. then i blink and BUY at $ 4. then pay back the Shares to Wink and have made a handsome profit just for taking a educated risk with the help of Nod...market makers have various tools at their disposal to play in the San d..Traps7

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