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Shorting an Irish stock
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16-05-2016 11:16PM#1
Comments
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Theres nothing unethical about shorting stocks, its part of trading. Shorting creates short covering rallys and provides investors funds to invest in stocks after they have fallen.The_Banker wrote: »I'm looking to "short" an Irish stock...
While it may be unethical is it possible to do with a broker here in Ireland?
Searching the net it can be done with hedge funds who from what I can see will short a lot of different stocks in one sector.
I want to short 1 stock in particular... Is that possible with an Irish broker?
Any advice appreciated..
Your easiest option would be Spread Trading with somebody like IG Index. Take a short position with your company and USE A STOP. If its your first time doing something like this, avoid temptation and place a very small position, know your risk, define it and stick to it.
Also - tell me the company, im intrigued
http://www.forbes.com/sites/steveschaefer/2013/01/23/short-selling-bans-are-they-effective/#54de5e86fcbd0
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