No it doesn't tend to make it lose value. That is a fallacyDilbert_X wrote:
Except this tends to cause the share price to drop in value, so while Person A had a stock worth $50 he now has a stock which is worth less.JohnG@lt wrote:
Person A is holding a stock they bought at $50. Person B "borrows" the stock, sells it, and rebuys the stock at $47. He then replaces Person A's stock with the shares bought at $47. Person A receives a fee for allowing his stock to be used. Person B gains $3 minus the shorting fee. Everyone makes money in this situation. Person B takes on the risk that the shares will not decrease in price and if that happens he is out whatever the cost increased by plus the fee. Person A simply mitigates the losses he would've taken by holding the stock long term through a dip (or makes a profit if the shorter made the wrong decision). There is a lot of risk involved. It is by no means 'free money'.
It may not have lost value at all, and probably wouldn't have lost as much if Person B hadn't been dicking around selling a stock he didn't own.
People selling stocks doesn't depress the price
Русский военный корабль, иди на хуй!
they have to buy them back...Dilbert_X wrote:
People selling stocks doesn't depress the price
IR numba one
altho irl you dont have a very well diversified portfolio. If nvidia had a few bad days you'd be gone.menzo wrote:
IR numba one
BUT as it is not real, and risk doesnt matter, it was a cunning ploy that has paid off
getting rid of nvida it sucks now, need to find a new awsm stock
IRL im up 1,11% in 2011
IRL im up 1,11% in 2011
Last edited by menzo (2011-01-11 07:59:04)
Ahaha completely forgot about this for the past couple of days and I'm #1 lol
Sold a load of google, microsoft and apple.
I'd type my pc specs out all fancy again but teh mods would remove it. Again.
Verizon is killing my profit today
dumped Visa now looking for other non-tech stock, maybe McDonalds...fatties are going to make me rich
Tried that, ended badlyloubot wrote:
dumped Visa now looking for other non-tech stock, maybe McDonalds...fatties are going to make me rich
Same goes for coke/pepsi. Americans are getting too healthy maybe
I'd type my pc specs out all fancy again but teh mods would remove it. Again.
sold verizon and dell, no point in them, and yeah, nvidia is being a bitch today. bought HEV(Lithium-ion batteries) and STEC(solid state drives), think HEV has good chances on almost doubling soon.
hmm google takinga hit
google and nvidia my biggest profit makers today.
+ applemenzo wrote:
hmm google takinga hit
Last edited by TravisC555 (2011-01-11 11:06:13)
i bought extra google a bit too late, so i my day revenue is a bit shitTravisC555 wrote:
google and nvidia my biggest profit makers today.+ applemenzo wrote:
hmm google takinga hit
Crap, company I backed went downhill. Gonna wait it out and see if they recover though, I have hope
I'd type my pc specs out all fancy again but teh mods would remove it. Again.
Well at least I am still making money on google todaymenzo wrote:
i bought extra google a bit too late, so i my day revenue is a bit shitTravisC555 wrote:
google and nvidia my biggest profit makers today.+ applemenzo wrote:
hmm google takinga hit
verizon is my only investment losing money out of 10, and it's almost destroyed my whole profit today
who is baltins?
he isMiggle wrote:
who is baltins?
BALTINS wrote:
sold verizon and dell, no point in them, and yeah, nvidia is being a bitch today. bought HEV(Lithium-ion batteries) and STEC(solid state drives), think HEV has good chances on almost doubling soon.
its cuz most actually follow their new years resolutions for at least a few weekspresidentsheep wrote:
Tried that, ended badlyloubot wrote:
dumped Visa now looking for other non-tech stock, maybe McDonalds...fatties are going to make me rich
Same goes for coke/pepsi. Americans are getting too healthy maybe
buy that stock at the start of February.HaiBai wrote:
its cuz most actually follow their new years resolutions for at least a few weekspresidentsheep wrote:
Tried that, ended badlyloubot wrote:
dumped Visa now looking for other non-tech stock, maybe McDonalds...fatties are going to make me rich
Same goes for coke/pepsi. Americans are getting too healthy maybe
but who is he?menzo wrote:
he isMiggle wrote:
who is baltins?BALTINS wrote:
sold verizon and dell, no point in them, and yeah, nvidia is being a bitch today. bought HEV(Lithium-ion batteries) and STEC(solid state drives), think HEV has good chances on almost doubling soon.
He is the guy beating you.Miggle wrote:
but who is he?menzo wrote:
he isMiggle wrote:
who is baltins?BALTINS wrote:
sold verizon and dell, no point in them, and yeah, nvidia is being a bitch today. bought HEV(Lithium-ion batteries) and STEC(solid state drives), think HEV has good chances on almost doubling soon.
I dont think he's very activeNic wrote:
He is the guy beating you.Miggle wrote:
but who is he?menzo wrote:
he isMiggle wrote:
who is baltins?