View Single Post
  #6  
Old 10-22-2007, 11:58 PM
LondonBroil LondonBroil is offline
Senior Member
 
Join Date: Jan 2003
Location: USA #1!
Posts: 2,159
Default Re: How do you profit from a bust?

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?
Reply With Quote