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Technology Stocks : The New (Profitable) Ramtron -- Ignore unavailable to you. Want to Upgrade?


To: jimtracker1 who wrote (404)9/29/2008 7:46:38 AM
From: makeuwonder  Read Replies (1) | Respond to of 647
 
"In a short sale, an investor borrows shares of a company, usually from their broker, and then immediately sells them at their market price. If the share price subsequently falls, the investor buys back the shares at the lower price and pockets the difference.

The federal government blamed massive short selling by hedge funds for contributing to the collapses of Lehman Brothers Holdings Inc., American International Group Inc. and other troubled companies."

It's so funny how they keep talking about short selling and the way they are trying to confuse the public with it. They don't make it clear there are 2 kinds of shorting suspected going on and point out that one kind is clearly "ILLEGAL".

People will sell today while the office nuts run around crying chicken little. If I'm right about this then the Hedge fund managers should love it. Maybe they can knock out some of their numbers before they have to report their position.