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If the event comes true, all the "yes" shares you bought pay out at $1, and all the no shares at 0. Corporations use them to forecast sales.
"I have no shares in anything.
The prime minister owns no shares.
Because the swaps are derivatives, no shares actually change hands.
Andrew Stein, however, holds no shares in the company.
Still, over this interval, no shares were issued or exchanged by the issuer.
In almost 90% of market transactions no shares actually change hands.
He gets no shares if the fund's results are in the lower half of its category.
"For them there are no shares to be had in the UK's economic recovery.
Two of the independent directors own no shares in Audiovox, according to the proxy.
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No doubt, this sell-no-shares approach is risky.
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