PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY Message Board

STOCKTALK

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.

Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: justaninvestor who wrote (1177)	1/30/1999 2:51:00 PM
From: HRAKA	Read Replies (1) of 2489

Bbruin, Your question about what if you can't find the shares to average up is exactly the reason one would short Friday instead of waiting til say the gap-up Monday or Tuesday. You have in your mind an idea of where you believe the stock price will end up in a certain time-frame, you wait til the stock is high enough above what you see that price to be yet not what you think the stock will top out at and begin your short position there in small intervals. Therefor you are almost sure to find stock and if you cannot short at the perceived top because of lack of shares then you still have a potential profitable position. I'm not sure but I have been told that if you have an account outside of the US that you do not have to borrow shares to short. I know that Anthony has an account outside of the US and he probably shorts at will from there. BTW-we're not on opposite sides. You hopefully will sell at a profit as hopefully will I. I just do it backwards. PS- If you live in Canada you really should start shorting BB's. 90% of them are scams. Hraka

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next