You short sell 300 shares for $80 per share. What happens if:

A. The stock goes down to $60. You gain $_20*300 = 6 000 profit_____. You (buy) the shares back at $60 each.

B. The stock goes up to $90. You gain $(-10)*300 = - 3 000__ or loss of 3000___. You (buy) the shares back at $90 each.

You short sell 300 shares for $80 per share. What happens if:

A. The stock goes down to $60. You gain $______. You (buy/sell) the shares back at $60 each.

B. The stock goes up to $90. You gain $_____. You (buy/sell) the shares back at $90 each.