Friday, July 17, 2009

It's All Over But The Crying

Inexperienced trader suffers a forced buy-in on a short position. Cries to online support at Interactive Brokers because he does not understand the mechanics of selling a stock short. This was not some vast international conspiracy, your borrow was lost and you are now forced to cover.

http://www.zerohedge.com/article/stop-trading-0

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