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Buy<--->Sell ....=....Short<-->Cover
Posted by: RazorHawk on Dec 17, 10:18 in response to OrderOfFive's post Short Term
When you "buy" something (or go "long") you are investing expecting the price to go up. To get rid of a "buy" or "long" you sell it.
When you "short" something, you are investing expecting the price to go down. To get rid of a "short" you "cover" it.
Short Term OrderOfFive Dec 16, 16:55
If you have 500 shares short, you need to "cover" to get rid of them lapuckfan Dec 16, 18:11
Buy<--->Sell ....=....Short<-->Cover RazorHawk Dec 17, 10:18
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Buy Max Sell All Short Max Cover All Radar