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#11
10-14-2007, 05:45 AM
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Re: short a local biz
[ QUOTE ]
[ QUOTE ] What if I see a local shop opening up and I know that it is going to fail and fail quickly...how can I profit from this? [/ QUOTE ] Ask to "borrow" the business for a year. Sell it. When it fails, buy it back at a discount, pocket the difference, and return it to the original owner. eastbay [/ QUOTE ] LOL I was going to write a similar post...but I didnt think anyone would take it serious OP: the only way you can "profit" is by making a wager with some party that it WILL fail..and that same party takes the WILL NOT fail side. Whether odds are involved would depend on the condition/type/health of the business ATM I guess? eg. a new McDonalds franchise closing might be 1-50 against closing compared to a new store that sells Fur coats in LasVegas would be a 2-1 shot to bustoville [img]/images/graemlins/smile.gif[/img] 
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