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Author: dmunch Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore)
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Subject: shorting question
Date: 11/11/2007 8:27 PM
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shorting a stock that splits?


what happens if you bought a stock for 100per share and it split 3-to-1 make the shares 33bucks? does that mean you just made a huge profit? or am i missing something here..
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Author: chk999 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore)
Number: 4 of 90
Subject: Re: shorting question
Date: 11/16/2007 10:08 AM
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Things usually get repriced when a split occurs, so you would be
short 300 shares at your original sell price divided by 3.

In general, if it looks like a no-risk way to make money, someone
thought of it back in the 1890's.

Chris - if TGT had never split it would be about 720/share today
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