Originally posted by alex_96GL: [b]borrow a stock sell it high, buy it low after a little while. return the stock to your broker.
I'm kinda surpised Sujeet can do that because you have to have $300K annual income or have to be a professional in the area (e.g. trader, analyst, adviser, etc...) to establish a short account.
I'm still not following here. What is meant by "borrowing" a stock? I understand selling high and returning later to buy low, as you end up with more stock for the same money. However, isn't this what everyone is already trying to do? What is the difference?[/b]
Tony Boner Personal: 98cdw27@charter.net Work: tony.boner@sun.com Saving the computer world from WinBloze as Unix/Solaris/Java Guru http://www.sun.com 1998 Contour SVT Pre-E1 618/6535 Born On Date: 4/30/1997 Now with Aussie Bar induced mild oversteer.
Thanks java! Too bad I don't have that kind of money to play with...
"When I take action, I'm not going to fire a $2 million missile at a $10 empty tent and hit a camel in the butt. It's going to be decisive." - President George W. Bush
