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Marconi Shares Dropped 40% Today


Mart
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Pretty funny this one. I had it short from just over 600p with a target of 5.15. When it hit 500p the other day I put a trailing stop on it at 5.15 in the hope of further falls. Anyway, my stop got taken out and then I see this. What a pay day that would have been! Still, made some money on it and you have to smile and move on sometimes.

A pile of poo if there ever was one. Can't believe people got conned second time around. Still, it's made me a packet sinece 2000. Junk stock. Probably still a short now although watch for those 'bargain hunters'.

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Pretty funny this one. I had it short from just over 600p with a target of 5.15. When it hit 500p the other day I put a trailing stop on it at 5.15 in the hope of further falls. Anyway, my stop got taken out and then I see this. What a pay day that would have been! Still, made some money on it and you have to smile and move on sometimes.

A pile of poo if there ever was one. Can't believe people got conned second time around. Still, it's made me a packet sinece 2000. Junk stock. Probably still a short now although watch for those 'bargain hunters'.

Hey BBB, I have never shorted stock, even though I'm pretty bearish on alot of shares. What is the best, and simplest way to short?

How do the mechanics of for example spread betting actually work? For example if I wanted to create a synthtic position equivalent to a 1:1 ratio versus real stock what would I do? I.e. I want to short, lets say BP at 5.35 and want to have a short exposure equivalent to nominal £1000 in BP shares.

Your advice will be much appreciated!

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