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03-29-2020, 06:05 PM
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#1 |
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Confirmed User
Industry Role:
Join Date: Aug 2012
Posts: 929
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First time Short selling
Hey guys, i just cant wrap my mind around this but
if i started short selling a xyz from $1 to $.90 @1000 shares, that would make me $100 So the real question is what if i short from $1 to .0001 @1000 shares, what would make me? Because once it dips below .01 to like .009 the 1000.. then the harder it will be to make money? i cant seem to grasp this. |
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03-29-2020, 06:19 PM
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#2 |
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So Fuckin' Bored
Industry Role:
Join Date: Nov 2014
Location: Across the Universe
Posts: 1,085
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If a share that is currently trading at a dollar goes to a fraction of a penny, I'm guessing there wouldn't be much left to short. Using your maths, if the share drops to a penny you'd make $999 right? Don't sweat the small stuff
 I short stocks but as a hedge. Any share I buy takes a plunge the minute I click the buy button for some reason, so I place a 50% short as a hedge.
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