TYB
Good Gawd! That neck!!
Did the hedge fund get stuck with the increase in stock value?
MAGA: You can sell a stock you don't have by buying it later. This is called "selling short" or a "short sell." The investor who makes a short sell borrows the stock now and sells it. Later, the investor…
What is a short sell?
It is commonly thought that you must buy a stock in order to sell it, but this is oddly not the case. You can sell a stock you don’t have by buying it later. This is called “selling short” or a “short sell.”
The investor who makes a short sell borrows the stock now and sells it. Later, the investor purchases the stock to return it to its owner from whom they borrowed it. In between borrowing and buying the fund, the stock price moves. With a short sell, the investor is hoping that the stock will go down in price. If the stock price goes down, then the short seller will be able to purchase the stock for less than they sold it and make a profit.
Hedge fund got buried.