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Non-Tech : YEAR 2000 STOCK PICKING CONTEST
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To: Sid Turtlman who wrote (196)12/27/1999 3:36:00 AM
From: Doug R   of 1146
 
Sid,

Exactly how do you cover a short that has gone to 0? I would presume that a defunct stock can not be bought. How do you return such shares to your broker?
And..."...the ideal short, known as a "terminal" short, because as it goes down you put the proceeds of your short sale in your pocket"
How do proceeds go into your pocket if the position has yet to be covered?

curiously,
Doug R
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