Warren
01-29-2006, 10:05 PM
The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.
Or, in layman's terms:
Selling short is the opposite of going long. That is, short sellers make money if the stock goes down in price.
http://www.investopedia.com/terms/s/shortselling.asp
For example, if I sold short at $5 and then later on bought it back at $3, I would have made $2. Here is a more in-depth explanation: http://investsmart.coe.uga.edu/c001759/guide/trading5.htm .
I doubt that this would be that hard to program in, just take the stock scripts you already have and change a few plus signs to minus signs.
Simple concept, but I would be glad to clarify/talk about it. Thanks!
Or, in layman's terms:
Selling short is the opposite of going long. That is, short sellers make money if the stock goes down in price.
http://www.investopedia.com/terms/s/shortselling.asp
For example, if I sold short at $5 and then later on bought it back at $3, I would have made $2. Here is a more in-depth explanation: http://investsmart.coe.uga.edu/c001759/guide/trading5.htm .
I doubt that this would be that hard to program in, just take the stock scripts you already have and change a few plus signs to minus signs.
Simple concept, but I would be glad to clarify/talk about it. Thanks!