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$5 submissions 10-21-2005 02:59 PM

Anyone here SHORT stocks?
 
If so, post your plays :)

nofx 10-21-2005 02:59 PM

you need stock sale to you?

$5 submissions 10-21-2005 03:02 PM

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.

Platinum Dave 10-21-2005 03:21 PM

I'd short more stocks, but everytime I try to get shares from my shitty Canadian broker they don't have any to short.

slapass 10-21-2005 03:23 PM

I shorted TOL brothers a month ago for about a 15% move. Very hard to get big swings in this market.

crockett 10-21-2005 03:24 PM

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.

erraticimpact 10-21-2005 03:25 PM

just futures, forex and other commodities

stocks move too slow for me

$5 submissions 10-21-2005 03:27 PM

Quote:

Originally Posted by crockett
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.

crockett 10-21-2005 03:32 PM

Quote:

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.

uno 10-21-2005 03:34 PM

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. :(

Tat2Jr 10-21-2005 03:38 PM

Short stocks...... damn, I thought this thread was about Short SHORTS! "Who wears short shorts? We wear short shorts!". Maybe next time?

Paul Waters 10-21-2005 05:20 PM

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.

Kristian 10-21-2005 05:37 PM

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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