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selling short is the selling of stock you do not actually own but promise to deliver. suppose you place an order to sell short 1

selling short is the selling of stock you do not actually own but promise to deliver. suppose you place an order to sell short 140 shares of stock x at $31. eventually, your order must be covered. that is, you must sell 140 shares of stock x at a value of $31 per share. if when the order is covered, the value of the stock is less than $31 per share, then you make money; otherwise you lose money. suppose that on the day you must cover the sell short order, the price of stock x is $44 per share. how much money did you lose?

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