Can someone explain re-shorting, please? won't you lose 2% for covering and again shorting? {nm} Feb 26, 11:40
If you think it's still going down in value, why not just leave it short instead of dropping 2%? (Scratching head) {nm} Feb 26, 11:45
rephrase..."when you cover the first short" {nm} Feb 26, 13:01
When you are low on cash, you can re-short stocks to free some up... Feb 26, 13:01
If you shorted at 50 and it's now worth 20, don't you pay 1% of 80 to cover all? You paid 50 and gained 30. {nm} Feb 27, 13:42
No, you pay commission on the stock's current price and how many shares you are trading. Not for profits gained. Feb 27, 14:44
Ah...my eyes were covered, but now I see!! {nm} Feb 27, 15:40
;) {nm} Feb 28, 03:39
The formula used to involve price paid. It is now simply a %age of current price. Change was some time ago. Feb 29, 11:42
This type of question belongs on the Players board. {nm} Mar 04, 20:29