OXR oxiana limited

oxr will do a caz very soon..watch outshorters, page-8

  1. 2,842 Posts.
    Codlips,

    "If someone has the time could they explain a little more about shorting a stock and what these people hope to achieve."

    Very simple: To make $

    What u do is sell the stock first and then if the stock falls you buy back the stock (or in trading terms "you cover your short position)

    So you can sell OXR at $3.00 x 10,000 you get $30,000. OXR then falls to $2.50 you buy back the 10,000 shares you sold and it costs you $25,000. Net position profits $5,000 (less fees ofc)

    It is the reverse of going long.

    Cheers
    Muzza
 
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Currently unlisted public company.

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