HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
06/20/15 09:01 Cover JURA4 10,000 H$564.72 H$5,344,528.00 SUCCESS 06/20/15 08:52 Cover JURA4 34,000 H$564.40 H$18,182,384.00 SUCCESS {nm}
Are there MUCH higher commissions to COVER a short? I'm being charged 5%-6% on each cover of JURA4 {nm} Jun 20, 09:07
06/20/15 09:01 Cover JURA4 10,000 H$564.72 H$5,344,528.00 SUCCESS 06/20/15 08:52 Cover JURA4 34,000 H$564.40 H$18,182,384.00 SUCCESS Jun 20, 09:10
It cashes out your losses too I think. {nm} Jun 20, 09:52
Lets say you shorted at 530 and cash out at 560 Jun 20, 10:05
Commissions are based on stock price, so when you cover at a loss, it's more than 1% of your holdings of that stock {nm} Jun 20, 10:06
Yes, that math works out. Thanks for clearing it up :) {nm} Jun 20, 12:26