What can you do with 10K in 3 months?

[BERNIE MOSFET]

No wai

Fuck, reading that again it should say: 'bet you can't guess who'.

[mikec]

On a different note, the wall street journal quoted my work for the first time today ... Hellz yeah!

Wtf took so long man!


Good job brosef...

[347Mike]

What do you think of this Al? lol

http://english.capital.gr/News.asp?id=1305410

[racrguy]

No, but I've been trying to find out what your holdings are and you never have any, yet you still make money.

Look at his transactions. That will tell you what he's doing and when he's doing it.

[BERNIE MOSFET]

Look at his transactions. That will tell you what he's doing and when he's doing it.

[Captain Crawfish]

im gonna quit my job and follow bernie mosfet. would be much more profitable

[Snatch Napkin]

Look at his transactions. That will tell you what he's doing and when he's doing it.

It wouldn't let me see his transactions for the last week or two. Now the site is doing more crazy stuff.

[BERNIE MOSFET]

im gonna quit my job and follow bernie mosfet. would be much more profitable

Can I interest you in Bernie L Mosfet Investment Securities' new investment product? It is an extremely complex model, but has a guaranteed return of 10%, and as much as 12-15% for the first people to invest.

[2165 Turbo Rail]

can i interest you in bernie l mosfet investment securities' new investment product? It is an extremely complex model, but has a guaranteed return of 10%, and as much as 12-15% for the first people to invest.

in~!

[mustangguy289]

MOSFET is the 1%.

[2165 Turbo Rail]

Well I jumped from 28th to 15 today. I'm thinking I need to sell everything I own and don't really need and give it to MOSFET so he can make me and him some real money

[Snatch Napkin]

Damnit!! I knew I should have set an alarm to sell off my holdings yesterday before close.

[03mustangdude]

so cover means you earn money if the shares go up

Short means you earn money if the shares go down right?

[BERNIE MOSFET]

so cover means you earn money if the shares go up

Short means you earn money if the shares go down right?

Not quite - shorting is borrowing shares and selling them at a given price while expecting the market value to go down. You then cover (buy) the stocks that you borrowed at a later time.

If the price goes up, then you have to cover the borrowed stocks at a higher cost than you borrowed them for and you lose money.

I think the real risk in this comes from brokers calling in the borrowed stocks and forcing you to cover them while you are upside down on the value. (As opposed to simply holding a stock with no expectation of having to do something with it.)

[slow99]

I think the real risk in this comes from brokers calling in the borrowed stocks and forcing you to cover them while you are upside down on the value. (As opposed to simply holding a stock with no expectation of having to do something with it.)

As long as you are shorting something with decent float, I don't see that as a big risk. Short loss is not bound at zero, has higher tax implications, and goes against market trend. Of course, it's inherently margined.