HSX Forum

Playing & Trading Strategy

See inside for an alternative way of phrasing the answer.

Posted by: DTravel on Feb 04, 11:08 in response to ArmchairInvestor's post Quick question about cashing out

In your example you bought 50 shares of a stock.  What price you bought them at makes no difference and has no effect on what you will get when the stock delists.  If the stock delists at $100 because it is a movie stock and the movie made $100 million at the time of delist, then you will be paid H$100/share.  100 * 50 = 5,000.

Now, say the day before the stock delists it is currently priced at H$200/share.  That would give your 50 share investment a H$10,000 value.  If you sold your 50 shares at that time you would get H$10,000 minus the commission.  In this case commission would be 1%, so you'd receive H$9,900.  (Delisting stocks have no commission.)

Delisting a stock cashes out ALL shares, whether held long or short.  In effect a delist is a forced Sell/Cover order with no commission.

As for why you wouldn't sell your H$200/share stock if you KNEW it was going to delist the next day/week/whenever at H$100/share, well, you probably wouldn't.  Laughing  But as Antibody is fond of saying, "No one knows anything."





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Dinner With Audrey (DWAUD) 150000 4.98 (+0.58)          Dinner With Audrey (DWAUD) 150000 4.98 (+0.58)          Flesh of the Gods (FLOTG) 150000 9.73 (-0.03)          Primetime (PRMTM) 150000 23.30 (-0.16)          Supergirl H$55 Put (SUPGR.PU) 25000 2.07 (+0.07)          Supergirl - Opening Weekend (SUPGR.OW) 50000 55.56 (+0.56)          Supergirl H$55 Call (SUPGR.CA) 25000 2.29 (+0.29)          Flywheel: Ignition of the Soul (FLYWH) 150000 9.76 (-0.24)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 1.94 (-0.06)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 1.94 (-0.06)          Jackass: Best and Last - Opening (JCKA6.OW) 100000 15.20 (+0.20)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.27 (+0.27)          Flywheel: Ignition of the Soul (FLYWH) 150000 9.76 (-0.24)          Disclosure Day (SKIES) 49012 135.98 (+0.61)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.27 (+0.27)          Jackass: Best and Last H$15 Call (JCKA6.CA) 1 2.27 (+0.27)          Jackass: Best and Last - Opening (JCKA6.OW) 100000 15.20 (+0.20)          Supergirl H$55 Put (SUPGR.PU) 25000 2.07 (+0.07)          Supergirl H$55 Call (SUPGR.CA) 25000 2.29 (+0.29)          Supergirl - Opening Weekend (SUPGR.OW) 100000 55.56 (+0.56)          Spider-Man: Brand New Day (SPID9) 2142 415.48 (+0.01)          Jared Leto (JLETO) 25000 64.71 (-0.25)          Disclosure Day (SKIES) 20000 135.98 (+0.61)          Dinner With Audrey (DWAUD) 150000 4.98 (+0.58)          Dinner With Audrey (DWAUD) 150000 4.98 (+0.58)          Hey Bear (HEYBR) 150000 4.91 (+0.54)          Hey Bear (HEYBR) 150000 4.91 (+0.54)          Above The Below (ABELW) 150000 6.38 (+0.63)          Untitled SpaceX Project (SPACX) 150000 8.68 (+0.05)          Above The Below (ABELW) 150000 6.38 (+0.63)          Leo Woodall (LWOOD) 25000 6.18 (+0.05)          Kate Winslet (KWINS) 25000 108.61 (+0.33)          Jamie Dornan (JDORN) 25000 15.58 (+0.10)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.27 (+0.27)          The Social Reckoning (SOCI2) 150000 67.50 (+0.30)          How To Rob A Bank (HTRAB) 150000 56.71 (+0.15)          Top Gun 3 (TOPG3) 150000 202.96 (-0.41)          Obsession $150M Blockbuster Warr (OBSSN.BW) 25000 8.42 (+0.13)          Club Kid (CLUBK) 150000 13.98 (+0.74)          My Darling California (MDCAL) 150000 25.39 (+0.58)          My Darling California (MDCAL) 50000 25.39 (+0.58)          Primetime (PRMTM) 150000 23.30 (-0.16)          Top Gun 3 (TOPG3) 25000 202.96 (-0.41)          Supergirl (SUPGR) 25000 146.67 (0.00)          Other Mommy aka Incidents Around (IATHS) 150000 31.07 (+0.13)          Other Mommy aka Incidents Around (IATHS) 150000 31.07 (+0.13)          Supergirl H$55 Call (SUPGR.CA) 25000 2.29 (+0.29)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.27 (+0.27)          Hope (HOPE) 150000 8.65 (-0.03)          One Night Only (ONTON) 150000 25.25 (-0.10)