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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Riley G who wrote (7327)10/22/1997 12:31:00 PM
From: sandshark  Read Replies (1) | Respond to of 55532
 
When you sell a stock short you create a credit in an account. You don't have to sell anything else to be able to buy it back. That is the principle behind selling short in the first place. You hope that the stock goes down and will cost less to buy back than the amount credited by the short sale.

That is a ridiculous statement.