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Non-Tech : E*Trade (NYSE:ET)
ET 17.35-0.6%Jan 16 9:30 AM EST
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To: Jma who wrote (4365)1/19/1999 2:37:00 PM
From: Jerry Miller  Read Replies (1) of 13953
 
"If I oversell a stock and buy it back at a lower price, do I make
money or lose money on it?"

sounds like the key word here might be "oversell".
you can't sell what you don't own, so the transaction would wind up
being a non-event. fraught with hassle.
doubt they'd let you get away without paying commissions on it either.
so, a small loss in that sense.

on the trading page there are two sell positions.
"sell to open" and "sell to close."
it makes a big difference which one you click going in.
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