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Pretty simple, in concept

Posted by: edzep - Port Monkey! (a.k.a edzep) on May 08, 04:51 in response to RotoHockeyYTD2013's post How could a 'Double BUY' produce a LOSS?

You're confusing accounting with computer programming. As I alluded to earlier, these double buys have happened, rarely, in the past. There is a tiny bug somewhere, an issue of timing, I suspect. Anyway, cash was used when the extra buy was made. The loss occurred when the system "fixed" itself. The errant entry was detected and removed, with no regard for returning the invested money to my cash reserve. This would appear to be someone's intentional,programming... I imagine a system integrity sweeper, coded years ago. It may have worked fine at one point, but some other change occurred along the way that has left its actions incomplete.

I bought SMEKD, 75000 shares this AM. It appears 2x in my port. {nm} edzep - Port Monkey! May 05, 06:24

Nuts. I'm guessing you did something, DMac. I had sold off 75000 shares on my own. The other 75000 is now gone. BUT, it looks like it edzep - Port Monkey! May 05, 08:29

I think I lost H$2.625 Million (75000 x $35) of net worth, when the share disappeared from my port. {nm} edzep - Port Monkey! May 05, 15:04

Sounds like you took a SMEKD-Down. {nm} RotoHockeyYTD2013 May 06, 05:59

Good one. {nm} edzep - Port Monkey! May 06, 13:04

I have not done anything. What device were you using? Perhaps it displayed a double image. {nm} Antibody May 06, 10:06

OK, system error then. But, the result is the same... edzep - Port Monkey! May 06, 13:04

Well, nothing I can do without some kind of proof like from a screenshot. {nm} Antibody May 06, 15:07

You have NO tools or tricks to audit this? If I'd had any reason to believe the dual entries (BTW, we HAVE seen reports of that in the past) edzep - Port Monkey! May 06, 17:06

Ok, I see the double BUY entry in your Trade History. Your account has been credited $2,855,017.50 {nm} Antibody May 07, 10:05

Ah, thank you. [smack] I guess I figured it was so far wrong that it wouldn't have shown in the trade history. Still an intriguing mystery edzep - Port Monkey! May 07, 11:18

How could a 'Double BUY' produce a LOSS? RotoHockeyYTD2013 May 07, 23:48

Pretty simple, in concept edzep - Port Monkey! May 08, 04:51

Cute - now I know what all those invoices from Hollywood-Hack-Attack are all about. {nm} RotoHockeyYTD2013 May 08, 10:44

Plus, what good is a screen shot? I could fake that, easily. {nm} edzep - Port Monkey! May 06, 17:16

It was in your Trade History. {nm} Antibody May 07, 10:07





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