When the information hits themedia and the share price drops, you buy back the shares at...
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When the information hits the
media and the share price drops, you buy back the shares at the lower
price and return them to the lender. Your profit is the difference between the
price you sold and rebought the shares. Short selling is completely legal and
a common practice all over the world
media and the share price drops, you buy back the shares at the lower
price and return them to the lender. Your profit is the difference between the
price you sold and rebought the shares. Short selling is completely legal and
a common practice all over the world
Full Transcript
00:00:01.000 --> 00:00:04.399
When the information hits the
media and the share price drops,
00:00:04.004 --> 00:00:08.004
you buy back the shares at the lower
price and return them to the lender.
00:00:09.039 --> 00:00:13.879
Your profit is the difference between the
price you sold and rebought the shares.
00:00:13.088 --> 00:00:18.008
Short selling is completely legal and
a common practice all over the world.
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Movie Summary
The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
