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Aurcana Corporation Message Board

olejos 2 posts  |  Last Activity: Apr 22, 2015 9:56 PM Member since: Jan 4, 2011
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  • Reply to

    If you shorted

    by olejos Apr 22, 2015 11:04 AM
    olejos olejos Apr 22, 2015 9:56 PM Flag

    While the attendants weren't watching I chewed through the straps , and so i am back here again.

  • If you shorted, you borrowed some stock from your broker to sell. This liability ( from the sale) must be covered later by" buying in" to cover and return to sum zero. You are on the hook to cover later ;but didnt ever own any of stock...or recieve any dividend ( only the liability) The dividend belongs to the "owner of record"-of the stock loaned out by the broker.Funny how that works out...didnt own any stock and didnt get a dividend.

0.21+0.01(+4.97%)May 22 11:12 AMEDT