Broker Detective Blog

July 24, 2010

Can anyone help with this question? You have initiated a short sale against the?

Filed under: Investing — admin @ 7:18 am

bob l asked:


You have initiated a short sale against the box on 100 shares of a stock you bought last year for $26 1/2 that currently sells for $47 3/4. Ignoring taxes and commissions what will your profit be if the stock rises to $50 next week?

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