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topnotch - Fri, 23 Dec 05 :

siwel100 >> I believe you're shorting VOG - hows that going?

Not toooooo clued up on shorting as it ain't my bag, but technically the most you could EVER make is 100% (isn't it?) and thats if the company goes bust!

So if you short 1000 shares at £1 and they go to £0 then you get £1000 - what are the chances of that happening?

I suspect you make on average of between 15-20% return which I suppose is adequate if you live on the bread line.

But as you yourself have said, BITS has gone up 800% - it doesn't take a complete moron to figure out where you get the better returns

nuff said...


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