International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Smurph who wrote (26363)	11/15/1997 3:57:00 AM
From: Gerald Walls	Read Replies (1) of 35569

2. How long can a short hold his short position? Is there a time limit? Maybe one of the shorters or traders can answer this question. Forever. 3. In order to make money on a stock don't you have to close the transaction? A long does. A short gets paid to short as compared to a long paying to buy. If the stock goes to zero and the company busts then the short never has to cover and he has all the money he was paid. Plus, since he doesn't cover he still technically has an open position and owes no taxes.

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