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otherme32

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Kostolany became rich shorting. He wrote the worst of being a short-seller is that you are earning a lot of money while all your friends are losing it. You have to keep a low profile because everyone looks at you as the cause of their loses.

3. 1 month passes. The stock goes up.

You HAVE to buy the same amount of stock, but for $150.

You HAVE to return the stock to the person you borrowed it from.

You lost $50 per stock.