AOL, now I get it Message Board

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Technology Stocks : AOL, now I get it

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To: Jinping Shi who wrote (82)	11/24/1996 8:28:00 AM
From: Brian K Crawford	of 496

Jinping Shi - "short" means you have instructed your broker to borrow shares from someone else, which you then sell, planning to buy them back later at a lower price. If you execute well, the difference between the original sale proceeds and the cost to repurchase the borrowed shares is yours to keep. It has the same steps as a stock purchase, but in reverse order. Instead of betting on the stock to rise, you are betting that it will fall. Check out a book on investing basics before you try it... Brian

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