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Old 10-23-2007, 12:33 AM
MrBlue MrBlue is offline
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Join Date: Sep 2003
Posts: 287
Default Re: How do you profit from a bust?

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Off-topic. When you short, do you actually receive the money for the short at the time of opening it? If so, can you use those proceeds to buy other stocks? For example, could I short 100 shares of GOOG at ~$650 then take the $65,000 and buy 900 shares of CAT?

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not to most retailers, no.
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