Also known are the hedge funds, which pry most
of the use
of borrowed money and do highly speculative
transactions, such as
short sales, ie
sales of stocks they do not own in the hope that the price falls and they can buy the
shares later cheaper.
an indicator
of how long a security position or lot was held; possible values are Long: held for more than 1 year; Non-Reportable: lot or position was closed as the result
of a
transaction other than a
sale; no reportable gain / loss was reported, the holding period and resulting term are not reported;
Short: held for 1 year or less; and Unknown: Fidelity does not know how long the position or lot was held; this state typically exists because the
shares were transferred to Fidelity from another institution and the holding period prior to the transfer was not communicated; for fixed - income securities, this is the period
of time from the security's issue date until the maturity date; for example, for a 10 - year corporate bond the term is 10 years