Originally Posted by
Aaron
Shorting shares I understand is borrowing (for a fee) someones shareholding in a company. Then selling the shares, wait for the share price to drop then buy them back at a lower price and keep the gain after giving back the shares.
I didn't know you could do this with NZ shares. Who provides this service in NZ, I should check out the fees and whats involved. If I put my money where my mouth is I should be shorting stocks in expectation of a crash. Although the downside risk is potentially unlimited if a company takes off or interest rates go negative.