COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

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Dec 18 4:00 PM EST

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To: freeus who wrote (4322)	8/22/1997 4:01:00 PM
From: Jeffery E. Forrest	of 22053

You would be borrowing the stock and repaying it at a (hopefully) lower price. Ex.-Say I went "short" INTC by borrowing the shares at $100per. I could have bought the stock back this a.m. for 90-91 (not sure where INTC ended), repayed what I borrowed with the cheaper shares, and pocketed the diff. ($9-10) Hope that's what you were asking. The scenario you described would be called "scalping". (buying and selling the same day for a small profit)

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