The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Greg Hull who wrote (9855)	9/6/1997 9:54:00 AM
From: Follies	of 29386

Greg says: Is this really true? Can't every side of a trade be right? Let's say that Ancor becomes the rocket we all hope for. If person A bought 1000 shares at 4 and sold it at 8 to person B, who in turn sold it to person C at 16, ..., couldn't you claim that that all trades were good for all parties? This is wrong. Whoever sold Person A must be short 1000 shares and taking the loss, unless of course it's the company itself in which case the company sold stock at 4 which is now worth 16, they left $12 on the table

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