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He does have a point though. Ive heard of some covering shorts in order to short more shares if they believe the price is going to keep fal

Posted by: Dorfman on Jun 04, 10:43 in response to Initech's post The only time I cover a short is when I think it has...

You gotta have the formula just right though due to commissions. Plus the odds the price is going to keep dropping probably decrease the more you do this. Unless as Initech said you're dealing with MWTDW. lol

Kind of weird question about shorting when you have limited money MattW Jun 04, 09:51

The only time I cover a short is when I think it has bottomed out or the price suddenly jumps and stays up (talking to you MWTDW) {nm} Initech Jun 04, 10:07

He does have a point though. Ive heard of some covering shorts in order to short more shares if they believe the price is going to keep fal Dorfman Jun 04, 10:43

Yeah, it's call re-shorting. All the billionaires are doing it. {nm} elchan2012 Jun 04, 14:34

lol {nm} Dorfman Jun 04, 16:00

Once you gain money on a short, it can't do any work for you if you're just holding into it. Personally, I won't reshort until I gain 20%... socby19 Jun 04, 12:53

Covering Shorts frees up cash to spend on other things. Yowster Jun 04, 12:55

This {nm} AwardsFund Jun 04, 16:24

Interesting comments. I've never really put much thought into churning shorts. Kudos for +1 strategy! {nm} Initech Jun 05, 08:35

Not perfectly accurate, but....... srrichardson Jun 06, 04:44

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