HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Answer INSIDE.
Not Confusing at all.
SHORTING at 0.25 without SELLING would produce ZERO (0.00) Profit if it fell back to 0.10 as you would have 100,000 LONG & 100,000 SHORT. You would make PROFIT on the SHORT and incur an Off-Setting LOSS on the LONG.
Given the Above Facts, the Correct Play would be SELL & SHORT at 0.25, then COVER & BUY when it fell back Down to 0.10.
There is 0.02 Commission on Trades involving Securities under 2.00, which would Reduce the Net Profit.
best Wishes.
A question about shorting and covering. May 10, 17:50
Answer INSIDE. May 10, 19:17
Ok, so if I'm understanding correctlly May 10, 21:53
You Understand Correctly. May 10, 23:18
Thank you! I thought I was on to something and bought about 100 peny stocks.... doh {nm} May 11, 05:03
Spudboy, outright buying penny stocks to hold is not a bad strategy. May 11, 06:43