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