Anonymous asked in Business & FinanceInvesting · 10 months ago

What happen to this stock ? Is it a good time to buy long or short ? KLSE: PBBANK (1295) . It is one of the top banks in the region.?

1 Answer

  • Anonymous
    10 months ago
    Favourite answer

    Buying "long" and selling "short" goes back to Coal. Buying long tons (2,240#) and selling short tons (2000#) gives an immediate profit

    Stock Market is a legal Gambling.

    You bet the price will go up, and you can sell for a price that covers the brokers fees, capital gains taxes, and gives a reasonable profit that is higher than keeping the money in another account to earn mere interest.

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