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albatross

Standard & Poor’s $625 Billion Short Cover

The S&P 500’s New 800-Pound Gorilla (or is it Albatross?) Unlike the practice of going “long,” investors who short a stock profit when it drops, not when it rises. So, shorting “TulipsRUs” at $500 share yields a $450 gain if the price collapses to $50. Ahhh, but what happens if “TulipsRUs” instead rockets to $1,000?...
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