Re: short a local biz
[ QUOTE ]
Theoretically, maybe, but I was kidding.
[/ QUOTE ]
LMAO!! I have a friend named Albert, he specializes in BBQ restaurants. As soon as a new one goes up in town he goes to the owner and tells him to call him when he is ready to sell. Naturally the restaurant fails, Albert pays pennies on the dollar, puts his well known name on it, runs it for 3 to 6 months then sells it for a massive profit.
The great thing is that sometimes he rebuys the same restaurant three or four times, profiting on each exchange.
Jimbo
|