Kevin Lon sold stock he owned at a price below what he paid for it. This is an example of selling short.

Name: Kevin Lon sold stock he owned at a price below what he paid for it. This is an example of selling short.
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Question

Quizplus · Accepted Answer

Selling short involves selling stock that you do not own with the hope of buying it back at a lower price in order to make a profit. In this case, Kevin Lon sold stock that he owned at a loss, which is not an example of selling short.

Kevin Lon Sold Stock He Owned at a Price Below