Comments on: Shortselling Explained: How to Shortsell Your Ex-Girlfriend's Beer

By: Pavliga

Pavliga — Tue, 19 Aug 2008 14:57:10 +0000

great, usefull 0_0

By: Jaxson Black

Jaxson Black — Thu, 14 Aug 2008 20:48:41 +0000

Not exactly true: This isn’t a naked short as he “located” the beer.

Had he promised to bring beer to his boys, then “borrowed” it from his ex, then covered his short sell it would be a true naked short.

By: Timothy Sykes

Timothy Sykes — Wed, 13 Aug 2008 21:33:18 +0000

thank u for making my job a bit easier, hope you’re doing well!

By: anon

anon — Wed, 13 Aug 2008 19:53:43 +0000

Funny how idiotic the media is. They STILL don’t get it and give out incorrect information to an uneducated public.

Technically this is not naked short selling because he actually has the beer (eg he already located and borrowed the shares). It would be naked short selling if he went to the party, sold beer he didn’t have, then went to the store to try to find the beer that was sold over the next three days.

By: scasi

scasi — Wed, 13 Aug 2008 17:39:46 +0000

Cody, that was not a good explanation. Terrible, in fact.

By: Wes

Wes — Wed, 13 Aug 2008 03:12:56 +0000

Classic!

By: Joe

Joe — Wed, 13 Aug 2008 01:43:12 +0000

@ Cody and Bob: sometimes you do nothing and wait for a lawsuit from your ex, and settle for an amount a lot closer to $15 than $50. see also, ARS buybacks

By: Joe

Joe — Wed, 13 Aug 2008 00:05:43 +0000

@ Cody and Bob: or, you could refuse to reimburse your ex and if/when she brings suit against you, you appeal to the judge for a judgment of only $15 since that’s how much she paid for it originally

By: Cody Willard

Cody Willard — Tue, 12 Aug 2008 15:12:51 +0000

Bob, you got it! The biggest problem with shortselling anything is that your loss potential is unlimited. Whereas you can only use what you invest when you buy something long.

By: Bob

Bob — Tue, 12 Aug 2008 01:53:00 +0000

OK I understand now, but I have a question. While you are busy selling the case for $24, let’s say there’s a news report that a worldwide blight has wiped out the barley crop and bud jumps to $50 a case. Do you lose $26?