Comment

Greek Financial Crisis Going Viral

285
sattv4u25/06/2010 1:17:47 pm PDT

re: #276 avanti

OK, who lost money on the paper profit I made today if I sold ? The guy that sold the stock on the false dip lost some money , right ?

Depends

How much did he buy it for? For instance, if he bought it at $1 and the ‘paper value” increased to $2 while he owened it and he sold it for $1.25 he actually MADE money (twenty five cents per share)

he did NOT ‘lose” $.75 a share
PIMF