12-06-2010, 10:42 AM
Yea I know. I just know some folks that got seriously burned shorting AOL back in the day.
Imagine if you would have shorted Apple at 85.3 on March 6th 2009.
100 shares at $8,530
Now its trading at 317
100 shares $31,700
A $23,170 loss on a $8.5k investment.
Like I said I used to naked short, and then I learned the hard way that guessing highs and lows is a fools game, and I was the fool.
Imagine if you would have shorted Apple at 85.3 on March 6th 2009.
100 shares at $8,530
Now its trading at 317
100 shares $31,700
A $23,170 loss on a $8.5k investment.
Like I said I used to naked short, and then I learned the hard way that guessing highs and lows is a fools game, and I was the fool.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi