News about Clarence Saunders

We're talking about a stock market phenomenon, not a brief personal relationship. When investors know that the price of a share is expected to decline, they will sell the shares in a process known as shorting. These speculators borrow a portion of the shares from a third party in the hopes of being able to buy back the shares at a lower price, thus turning a profit. However, the best-laid proposals may go awry, since the stock plummeted rather than decline.