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DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Personal Finance and Investing (Group) » Robinghood is playing mor... » Reply #33

Response to jorgevlorgan (Reply #26)

Sat Jan 30, 2021, 12:03 AM

33. Can you please explain how you think a stock is sold short?

Because based on the following statement and others you have made in this thread, I’m not sure you have a proper understanding of how it’s done;

“On (t)he (sic) other hand shorting it for a particular price point sounds a lot more in the category of conspiracy”


Also, you repeatedly referred to GameStop as a “penny stock”. It’s not. GME has been trading on the NYSE for quite a while. Penny stocks do not trade on an exchange, they trade on the “Pink Sheets” or other over-the-counter markets. Otherwise they aren’t penny stocks.

Also, you have suggested options trades are risky. Without looking it up, can you describe the 4 basic options trades and say which is the least risky and the most risky

Because I am not sure you are clear on that either.

This isn’t meant to be so much a test, as it is a way to ensure anyone reading your posts could have confidence you are speaking on subjects for which you have a proper understanding

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RainCaster Jan 2021 OP
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A HERETIC I AM Jan 2021 #33
jorgevlorgan Jan 2021 #34
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Bernardo de La Paz Jan 2021 #14
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jorgevlorgan Jan 2021 #7
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