Plantinseeds

Shorting E*Trade Just to Keep the Price from Going Up?

Why would Citadel be shorting E-Trade? They own a sizeable chunk of the shares. That would be kinda like cuttin your nose off despite your face.

Who Will Trigger E*Trade's Magic Moment - and a 111.4M Short Squeeze?

Yes I agree. Rossetti2000 did an excellant job on the breakdowns of shorts for not only Etrade but in general. And the very resonable, positive points made for Etrade also.

The only thing that I'm still clueless about is the short itself.

I thought that to short a stock was to bet/hope that the price went down. But have never really understood how someone actually profits from that.

Now as to Mrs. Reed, I have seen all her articles on the positive rah rah rah etrade and grew cautious because she never points out any negatives.

LOL she sounds alot like a guy that calls himself V****** on visa articles that is strictly rah rah rah go visa and wants not to hear anything negative even balanced posts about that stock.

Now I am long on both the V and etrade. I wish I had as much V as I did etrade lol. I was one of the dumbies that rode etrade all the way down.
If I knew how shorts worked, I don't think I would ever buy anything but a short. PGH and V are the only 2 stocks that I ever bought that didn't take a signifcant nose dive before they came back up (well not all of them back up and none of them very positive). :(

Again Rossetti2000 I have to say that your post was one of the, if, not the best posts I have seen on SA!