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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (105249)4/13/2000 7:28:00 PM
From: Epinephrine  Read Replies (1) of 1574864
 
RE: <Originally you borrow them from your broker. You buy them only when you cover (end the short)which means you buy them at the current price. Then they are yours with which to do whatever you want just like if you had gone long in the first place.>

Tejek (Ted),

You had better go back and get a book on basic investing. You borrow the shares from your broker to sell them to someone. That is what creates the short position. When you buy them back it is so that you can return the shares that you borrowed back to the broker. You don't get to keep them!!

Regards,

Epinephrine
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