SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ditchdigger who wrote (31484)6/19/1999 7:22:00 PM
From: ED S.  Read Replies (1) of 44908
 
Ditchdigger, You Are 100% Wrong! "Short Against the Box" is not the same as a "Short Sale". It is used mostly to end the up-ward and down-ward price of your stock! If you "Short Against the Box" you do NOT make money as the stock price drops! You must be "Short" someone else's stock and buy back or "Cover"! In the Case of "Short Against the Box" you can use this as a tax strategy to increase your holding period. You "Deliver" at a later date to extend your holding period! Or, you "Cover" or buy back your shares and make money on the way up!

Basic Trading 101!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Best,
Ed

P.S. If you Borrow your own shares and sell them (and deliver) it is the same as a sale !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext