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Old 07-26-2012, 03:56 PM  
KillerK
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Join Date: May 2008
Posts: 3,406
Quote:
Originally Posted by Robbie View Post
I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.

The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.
Wrong!

The only people who lost are people who sold today. (That didn't short)
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