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Warren Buffet had short sell of IBM stock. In 2005, IBM stocks was having high volatility. If the share price falls, Warren Buffet would profit
Warren Buffet had short sell of IBM stock. In 2005, IBM stocks was having high volatility. If the share price falls, Warren Buffet would profit from the short sale. On the other hand, if the share price would rise, lets say to $130, Warren Buffet would lose $30 per share. However, Warren Buffet when initiated the short sale, he also entered a type of order at $120. Which type of orders he entered?
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