He that sells what isn't his'n Buys it back When stocks have ris'n
-steve grube ======================
Greg Nowell wrote:
> Paula has mentioned that she has discovered you can
> make money when the stock goes down as well as up, and
> that she's trading on margin. And here's the famous
> Wall Street poem on selling short:
>
> He that sells what isn't his'n
> Buys it back
> Or goes to prison
>
> Which is useful to remember if your shorts don't pan
> out. And remember that liability on the short
> position, unlike the potential losses of being long,
> has no theoretical limit. -gn.
>
> --
> Gregory P. Nowell
> Associate Professor
> Department of Political Science, Milne 100
> State University of New York
> 135 Western Ave.
> Albany, New York 12222
>
> Fax 518-442-5298