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Rambus Inc. Message Board

  • sunwyboy sunwyboy Jun 19, 2000 12:26 AM Flag

    Shorting will make RMBS go higher.....

    At this point there are going to be little to no
    shares available to buy. To short someone has to buy the
    shares that are going to be shorted so they can be sold
    short. That can drive the price up even more. Also when
    you try to short only to learn that you just bought
    the stock up another 10 but you actually shorted when
    it was down that same 10, it will scare the hell out
    of you and you will want to cover immediately;
    thereby raising the price again by covering so
    soon.

    I am serious, when the float is low to non-existent
    like it is on this stock, you can try to short it at
    85 only to learn that your broker had to buy the
    shares at 90 so you could short them. Now you have
    shorted at 85 but the buying you caused has just added
    fule to the upside and you are already down 5 before
    you get started.

    That is a hard way to make
    money. Not to mention the sleepless nights and health
    risks.

    -Sunwy

 
RMBS
14.47+0.16(+1.12%)Jul 2 4:00 PMEDT