Don’t expose your genitalia in public.
And… The Short!
- Stanley Spadowski wants to make $ from UHF stock price going down.
- He contacts his brokerage firm, RussianGoat and gets a loan in essence to borrow & sell 100 shares of UHF @ $10 ($1,000 current market value).
- Stanley now has $1,000, but is on the hook to return the 100 shares, regardless of price fluctuation.
- The next day, the stock price drops to $5. What?!
- Stanley acts fast and purchases 100 shares that he owes @ now $5 per share ($500).
HOLY SHIT!!!!
- Stanley returns the 100 shares to Russiangoat, as agreed, and is left with $500 profit ($1,000-$500) excluding minimal brokerage fees.
****there maybe some ethical/legal issues given that Stanley works for UHF. In that case, you can mentally replace Stanley with Dom DeLuise’s son. You know, the guy from 21 Jump Street.****
RussianGoat 