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Learning to Invest / Terms, Definitions, & Jargon


Subject:  Re: more simple ?'s Date:  12/10/2004  8:21 PM
Author:  bogwan Number:  1471 of 2244

Long means that you purchased a stock.

Short means that you sold shares of a stock that you did not own. You can do this because you will have to purchase shares in the future to give to the person you originally sold them to. When you finally purchase the shares you are said to have covered your short.
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