First time Short selling

lakerslive

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Join Date: Aug 2012

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#1

First time Short selling

03-29-2020, 05:05 PM

Hey guys, i just cant wrap my mind around this but

if i started short selling a xyz from $1 to $.90 @1000 shares, that would make me $100

So the real question is

what if i short from $1 to .0001 @1000 shares, what would make me?

Because once it dips below .01 to like .009 the 1000.. then the harder it will be to make money? i cant seem to grasp this.
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Goethe

So Fuckin' Bored

Join Date: Nov 2014

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#2

03-29-2020, 05:19 PM

If a share that is currently trading at a dollar goes to a fraction of a penny, I'm guessing there wouldn't be much left to short. Using your maths, if the share drops to a penny you'd make $999 right? Don't sweat the small stuff

I short stocks but as a hedge. Any share I buy takes a plunge the minute I click the buy button for some reason, so I place a 50% short as a hedge.

yes
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