HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
You will gain the difference between what you paid and the delist price, in this case zero. However, your cash "gain"
is twice the amount of the gain in the net gain/loss column.
That is because you get back the amount you put in, plus the gain.
In the case of a delist, if you bought at 2, they took out the 2 already. If it delists at zero, you get 4 in cash in your account. You actually only made 2.
In the case of reshorting, which can still happen, if you are ahead 200K, and you cover/short, you have 400K extra cash (less the 2pct commission) to reinvest.
if i short a nomoption or holiday warrent and it cashes out at zero, what will my gain be if any {nm} Jan 15, 02:38
It'll be just like if you were holding a movie short that got delisted at zero. You will profit. {nm} Jan 15, 07:21
You will gain the difference between what you paid and the delist price, in this case zero. However, your cash "gain" Jan 15, 07:40
