rockindawg
:
I don't think it has been confirmed by them yet, but that is the speculation I have been seeing. They are selling $12b Apple and buying $10b Nvidia. Maybe it started today? Might explain some of today's movement.
rockindawg
102169702
:
You borrow shares, sell them, buy them back at a lower price, and return them. The price difference is your profit. You can accomplish the same thing by buying Put options, but the risk is greater.
EZ_money OP : overvalued
Exactly : OVERLORD !!!
102169702 : what doest short means in stock market?
rockindawg : Might want to wait until after XLK buys $10b on Friday.
EZ_money OP rockindawg : is that Friday?
rockindawg : I don't think it has been confirmed by them yet, but that is the speculation I have been seeing. They are selling $12b Apple and buying $10b Nvidia. Maybe it started today? Might explain some of today's movement.
rockindawg 102169702 : You borrow shares, sell them, buy them back at a lower price, and return them. The price difference is your profit. You can accomplish the same thing by buying Put options, but the risk is greater.
102169702 : lets go