$Imperial Petroleum (IMPP.US)$ shorts are trying to drag it ...
$Imperial Petroleum(IMPP.US$ shorts are trying to drag it back down. I am chilling.
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I am extremely passionate about investing.
None of my posts are financial advice.
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Kachingg : Shall we just stay put ..
YYVE : Me too
BAO BMW : Hi Bird,
in this case, what should I do ? hold it's or ? what u mean they short it's down...many ppl selling this stock ?
pls advice .thk u
Birdistheword OP BAO BMW : You can see it on moomoo when they are shorting it. I will wait. If that helps. Everyone must have their own plan.
Birdistheword OP BAO BMW : Are you asking what shorting means? Or what?
BAO BMW Birdistheword OP : Yes, what shorting mean ?
wxngwxng BAO BMW : sell high, buy low
Birdistheword OP BAO BMW : In short selling, a position is opened by borrowing shares of a stock or other asset that the investor believes will decrease in value. The investor then sells these borrowed shares to buyers willing to pay the market price. Before the borrowed shares must be returned, the trader is betting that the price will continue to decline and they can purchase them at a lower cost. The risk of loss on a short sale is theoretically unlimited since the price of any asset can climb to infinity.
BAO BMW Birdistheword OP : thk u Bird for explanation..
I will try to translate it...thk u
BAO BMW wxngwxng : thk u for sharing..
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