bripat9643
Diamond Member
- Apr 1, 2011
- 170,163
- 47,312
How does that salvage the previous idiocy you posted? You said "buy a stock and then short it." It's right there on the board.How does it do that?hedge fund mgrs were buying blocks of enviro stocks and SHORTING them.
What's your point?
that you are an idiot and your dumbass question proves it.
BTW, you don't "buy a stock and then short it." When you short a stock you borrow it. If the price goes down then you can return it at a lower price, thereby making a profit.
You're calling me a dumbass and you don't know the simplest things about the stock market.
Short sellers can buy the borrowed shares and return them to the broker any time before they’re due. Returning the shares shields the short seller from any further price increases or decreases the stock may experience. Brokers borrow the shares for short sale transactions from custody banks and fund management companies that lend them as a revenue stream. Institutions that lend shares for short selling include JPMorgan Chase & Co. and Merrill Lynch Wealth Management.