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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: Ellen who wrote (1256)11/20/1997 3:07:00 PM
From: TraderGreg  Read Replies (3) | Respond to of 11708
 
Keep in mind that Shorter 1 was shorting down below 20 cents. My understanding is that Shorter 1 may not have had the funds to cover his short positions and then the stock moved up sharply.

Can't comment on Shorter 2 other than you're probably correct.

TraderGreg



To: Ellen who wrote (1256)11/20/1997 3:57:00 PM
From: sweez  Read Replies (3) | Respond to of 11708
 
It's my understanding on shorting. The best way is to;
Sell short at a give value. (Up tick on listed exhcange must occur.)
Once the stock goes into a downward value you put a buy to-- cover stop loss just above it. If the stock keeps declining you move you stop loss just above the new low. To save you profits, if stock start to rise again. If this is so shorty has an edge.
Never shorted at stock.
Thougt U must have a margin account
Must be missing something. What?