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keith95
Member since May 2014
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>This is Why I Don’t Short Anything Anymore - Wolf Richter - 
When a share goes pop ie is worth zero .... you have the money because you have borrowed and sold .. while the lender has the shares worth zero ..... so .... buy back your shares for zero .. and sell them onto the lender for zero ....

big clue .... 100000000000000000000000000000000000000000000000000000000000 * 0 =0.

In respect of shorting, naked shorts .. it goes on and is illegal . for the most part ....I forget which US company it was ... but it had 150% of its shares on loan at one time ...

I survive in the markets .. make a bit ... lose a bit less ... but are they crooked ... yep .. there is money and people involved. what'dya expect?


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3100 days ago
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Beginning of the headline :The moment of maximum pain. Goldman Sachs called for the end of the epic short-covering rally that had whipped crude oil, oil & gas drillers, and the broader markets into froth over the past three weeks. As if on cue, the rally started to unwind today. But it was scheduled for demise from get-go. When oil fundamentals are this terrible, they eventually rule. And here is what that rally did: It inflicted maximum pain and destruction on the short sellers that had piled into the trade. Last week wa... Read More
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