SI
SI
discoversearch

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.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Hiram Walker who wrote (9789)4/14/1998 1:05:00 AM
From: craig crawford  Respond to of 27307
 
You can make more than 100% on a short. Just short some YHOO at 150, some more at 120, some more at 100, some more at 80, etc.

As the short starts to go your way you can use your increased buying power (or shorting power if you will) to short more. Some people might call this a separate trade but it doesn't really matter, that's just semantics.

Of course you can do the same thing with stocks on the rise as well, buying more as your buying power increases, so I will admit that there is less potential on a short than a long. But the potential is still more than 100% in my mind.

Furthermore, shorts shouldn't be viewed the same as a long anyway. Shorts are good to hedge and minimize risk in a long portfolio, and sometimes the market is not conducive to giving you several hundred percent on the long side, so shorting is the only choice to make easy money. Hence shorting can be profitable and rewarding. I haven't caught nearly as many points as William H. on YHOO, but I helped offset some of the points lost being out of YHOO by reeling in some points on the short side as well.

More than one way to skin a cat...