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Topic | You guys see what's going on with GameStop's stock? |
foolm0r0n 01/26/21 11:07:26 PM #46: | GTM posted... as someone who knows nothing about this, can someone explain what shorting is and how is losing money or getting bankrupt when the stock kept getting higher and higher?The key is this: When you buy 1 stock at $100 and it goes to $0, you've lost $100 But when you short sell 1 stock at $100 and it rises up to $1000000, then you've lost $999900 --- _foolmo_ 2 + 2 = azuarc ... Copied to Clipboard! |
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