STEAMROLLER'S DAYTRADES Message Board

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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote (1198)	10/7/1998 10:28:00 PM
From: NASDBULL	Read Replies (2) of 1561

Here's an amateur question, but I have never made this much money on a short. I shorted PVN at $60.3125. I only bought 700 shares. However, I still want to short it, but if I want to buy more shares with the money I have made on the short already. Do I have to cover and reshort? I hope I'm explaining this right. What I want to do is accumulate more shares for the drop downward, but I want to do that with the money I have made on this very short. If I cover I will be able to short 1000 shares and not only have 700 shares. However, if I cover, I may not be able to enter back into a short position. What are my options? NASDBULL

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