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Old 10-21-2005, 02:59 PM   #1
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Anyone here SHORT stocks?

If so, post your plays
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Old 10-21-2005, 02:59 PM   #2
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you need stock sale to you?
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Old 10-21-2005, 03:02 PM   #3
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Quote:
Originally Posted by nofx
you need stock sale to you?
lol. Shorting stocks. Borrowing them from a market maker and selling them. Wait for the price to tank then buy back. Profit = spread between sell price and buy price.
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Old 10-21-2005, 03:21 PM   #4
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I'd short more stocks, but everytime I try to get shares from my shitty Canadian broker they don't have any to short.
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Old 10-21-2005, 03:23 PM   #5
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I shorted TOL brothers a month ago for about a 15% move. Very hard to get big swings in this market.
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Old 10-21-2005, 03:24 PM   #6
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I don't think I'll get in trouble for this one.. but I've been reading allstocks.com forum for a while. I just opened a account with choicetrade.com and plan to play in the penny market.
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Old 10-21-2005, 03:25 PM   #7
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just futures, forex and other commodities

stocks move too slow for me
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Old 10-21-2005, 03:27 PM   #8
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I don't think I'll get in trouble for this one.. but I've been reading allstocks.com forum for a while. I just opened a account with choicetrade.com and plan to play in the penny market.
cool post, I'll check em out.
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Old 10-21-2005, 03:32 PM   #9
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Originally Posted by $5 submissions
cool post, I'll check em out.
Hit me up and I'll link you to a real good post on the penny stocks which is the method I will be following. The guy that made the post made 1100% last month on his original $740 investment.

He was up to over $11k by the 14th of this month but I haven't seen where he is at now. But this guy has the best method that I've seen for making money with penny stocks.
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Old 10-21-2005, 03:34 PM   #10
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My accounting 201 prof yelled at me the other day.

He was trying to make a point for the basic accounting course. He said something like "Would you buy a stock you knew would go down?"

I started laughing and saying "Of course!" He yelled at me to shut up because I would just confuse the rest of the class.
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Old 10-21-2005, 03:38 PM   #11
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Short stocks...... damn, I thought this thread was about Short SHORTS! "Who wears short shorts? We wear short shorts!". Maybe next time?
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Old 10-21-2005, 05:20 PM   #12
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I have shorted stocks and made a few sheckles.

Cineplex was a good ride down.

I don't see shorting as good in this market.

That could change all of a sudden if Citibank and Bank of America really have fucked themselves with derivative plays. But that is just rumour right now.
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Old 10-21-2005, 05:37 PM   #13
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If you have a high tolerance for risk, then shorting can be a fun "game". You'd have more fun though going to vegas, playing the tables, and fucking a few strippers.

On the other hand, if you want to actually make some decent money, look to penny stocks. The right system will give you the holy grail : low risk, high return.
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