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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: blake roberts who wrote (788)1/26/1999 3:58:00 PM
From: Stock Watcher  Respond to of 52051
 
Blake; you are now "short" the same number of shares you owned. You should hope the stock goes DOWN; then buy it back, and take the profits.

If the stock goes up, you're losing the difference between the "bid" price and your execution price; if you don't know what you're doing, and you just want to get out, just buy-back the same number of shares you sold before....and you'll zero-out your position....hope that clears things up for you....regards, sw


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