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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: jalancreen who wrote (13992)5/21/1999 12:19:00 AM
From: Andrew  Read Replies (1) of 62348
 
Hi jalan. Shorting a stock means that you are borrowing the stock which you do not own through your broker to sell on the market. The objective is to by the stock back at a lower price to replace what shares you have borrowed from your broker. This is called covering your short position. You get to keep the difference if there is one. You lose if the stock goes up.

hope this helps.

Andy

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