% | $
Quotes you view appear here for quick access.

Nokia Corporation Message Board

  • britekuff britekuff Dec 5, 2012 2:03 PM Flag

    How Short Covering Works........

    Most Shorts Are Stubborn To Sell Their Shares As They Keep Going
    Higher Because They Feel The Stock will Always Go Back Down.
    Heres A For Instance. If You Shorted 10,000 Shares Of Nokia Whether
    You Bought On Cash Or Margin, At Some Point You May Want Yo Sell
    All Of Your Shares Or Part Of Your Shares As The Stock Moves Against You.
    Now, I Know That On Margin, You Will Receive A Call From Your Broker To
    Either SELL Some Of Your Shares To Make Up For Your Loss, Or Come
    Up With More Money If You Still Want To Keep All Your Shares.
    If You Buy With Cash, Shorts Can Dump All Or Part Of Their Shares
    As The Price Keeps Going Up. I'm Not Sure If You Would get A Call From
    Your Broker Like When You're On Margin, Or You Can Hold On Forever As
    Your Losses Keep Mounting.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
6.98+0.05(+0.72%)Oct 6 4:03 PMEDT