SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ViperChick Secret Agent 006.9 who wrote (739)3/9/1998 12:07:00 AM
From: Colin Cody  Read Replies (1) of 5810
 
Your reference stated: "Shorting-against-the-box is the act of selling short securities that you already own. For example, if you own 200 shares of FON and tell your broker to sell short 200 shares of FON, you have shorted against the box. Note that when you short against the box, you have locked in your gain or loss, since for every dollar the long position gains, the short position will lose."
.
This is not correct, IMO. Below I have restated your requirements: "For example, if you own 200 shares of FON and tell your broker to sell short-against-the-box 200 shares of FON, you have shorted against the box."
.
Colin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext