Stock Market - any way to short stocks?
So in the real world, you can take a short position by borrowing stocks from a lender, selling them on market at the current price, waiting for the price to drop, buying back the same number of stocks, returning them to the lender and then pocketing the price difference.
I can't see a way to do this with CC stocks - I thought perhaps the loans might be a mechanism to allow shorting stocks, but no. Am I missing something?
Posted Sep 9, 2020, 4:46 PM UTC
I don't think it's that deep. Buy low, sell high. The loans are for stacking your CPS a lot for a short time in return for dropping your CPS a little for a long time.
Yeah, I'm doing decently at long positions, but it'd be really nice to short some stock as I'm watching it drop.