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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Amots who wrote (10259)12/4/2001 9:41:56 AM
From: Cactus Jack  Read Replies (3) of 99280
 
Amots,

Do the math. Leaving aside commissions (which, in this example, are negligable), if one shorted 1000 shares at $80, one collected $80,000. If one then covered at $.25, one paid $250. That is far more than a 100% gain.

jpgill
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