HSX Forum

Playing & Trading Strategy

I sometimes run out of cash, especially on Saturdays... when an IPO can jump further than 2% {nm}

Posted by: Chefbobcat on Oct 22, 19:05 in response to RazorHawk's post why would you want to reshort and give away 2% of your...

How often have you reshorted a security since the end of comission-free Saturdays? Chefbobcat Oct 22, 07:36

Agreed... usually not too much for me.. I have enough cash that I really don't need to re-short to free up more, though. {nm} Flash Oct 22, 08:49

Same here. Needing cash is really the only reason to do it...... MojaveMeg Oct 22, 09:38

Well.. applies to YOU more than me... but true! :-) {nm} Flash Oct 22, 10:57

I've done it a few times, but I don't have the cash reserves that the players above me have {nm} lapuckfan Oct 22, 09:44

never. {nm} Oleg Max Oct 22, 13:49

why would you want to reshort and give away 2% of your profits/stocks? {nm} RazorHawk Oct 22, 16:17

I sometimes run out of cash, especially on Saturdays... when an IPO can jump further than 2% Chefbobcat Oct 22, 19:05

Because even with the 2pct toll, freeing up cash for other investments can sometimes be a good strategy for limited funds.... mrbinns A DECADE AT HSX Oct 22, 20:47

My rule of thumb is 90%+ gain before reshorting... Chefbobcat Oct 22, 21:15

I forgot.....the answer to "why": should always be "why not?" That always got an A in Philosophy :>) {nm} John Shill Sterling Oct 23, 07:23

uh dude, asking a question is not stating my strategy RazorHawk Oct 23, 13:12

My friend, there is no agenda. I may have misread the tone of the question which made it seem as if mrbinns A DECADE AT HSX Oct 23, 22:05

I think of it as though it's a new investment ... jane_citizen Oct 23, 17:06

I agree. . .I reshort all the time. Abraxas Oct 23, 19:47

I too re-short. Double the amount of your gain and that's how much money you free up. I would rather take 2% hit then to leave 800K buried {nm} Port Value League Admin Oct 23, 20:02

Re-short a few stocks at the same time and you might free up a couple/few MIL. If you can then purchase a mover, the 2% gets made up quickly {nm} Port Value League Admin Oct 23, 20:04

Not in 2 years since thats the last time i logged in BirdPOYT Oct 24, 02:29





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