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Next issue...to free up cash is Reshorting. How many hours were spent on Saturday Afternoons and Sunday AM's squeezing out the H$.

Posted by: StarBondFund BUY NOW.. Jets 10-4 (a.k.a mrbinns) on Dec 21, 12:18 in response to StarBondFund BUY NOW.. Jets 10-4's post In my initial reaction below, I forgot that funds...

Even in an Uberport, free reshorting saved on the ultimate commission down the road. 

So out of over 1600 MovieStocks, I have profitable short positions in over 1230, for a total profit of H$336M, which if I reshorted all  for free, would free up 672M, almost enough for my Supersize project.  If I elimintated stocks where the profit was <90K, I still have almost 900 with a profit of 319M If I eliminated stocks with profit of <200K, I still have 607 left with a profit of about 279M, which frees up over 550M (My largest shorts have dropped over 33 points for profits of around 2.5M with probablly more to come.  One of them is a franchise sequel that may not get made)

If HSX truly wanted to free up cash, let us have a shot at free reshorting from time to time. Not everyone has these numbers, but it is representative.  I did not include profitable StarBonds in the list, many of which will eventually be covered, hopefully in the near future. 

I had suggested a reshort button (Like the Staples EASY button?) which would be a commission free item.  Good luck to that.   

In my initial reaction below, I forgot that funds "delist" and charging a commission for them on the way out is ridiculous. StarBondFund BUY NOW.. Jets 10-4 Dec 21, 10:11

My port is $2.6B and I am $85M short of being able to max out all the moviestocks (long or short) that I currently own. Hopefully, over the fourstars Dec 21, 11:15

The Bucket List ...STVs ...Dead Delists ...RIPs? RazorHawk Dec 21, 12:17

Where was it announced that RIP Starbond delists are at current price? I thought they delisted at TAG. {nm} DTravel Dec 22, 00:06

Next issue...to free up cash is Reshorting. How many hours were spent on Saturday Afternoons and Sunday AM's squeezing out the H$. StarBondFund BUY NOW.. Jets 10-4 Dec 21, 12:18

They lost that Saturday trading business by getting rid of comm-free. {nm} secretstalker Dec 21, 18:18

I do think the delist commission is a bad idea from the HSX perspective, as it will probably reduce my # of trades by 1 per wide release RogerMore Dec 21, 12:24

But you are using that cash to buy something else for the 3rd trade. {nm} Antibody Dec 21, 12:50

Heh - that may be true for other traders. It has been years since I personally worried about not having enough cash to trade. {nm} RogerMore Dec 21, 13:10

(and I sometimes forget that perspective) {nm} RogerMore Dec 21, 13:10

Assuming something good is there because if most oportunities are close to (maturity + comission) then is better to keep it . Guillo Dec 21, 13:31

delist should be commission free and hsx should reduce commission % overall. this would be an incentive to trade. {nm} flapjack007 Dec 21, 13:11

We want you to be making choices and the resulting smarter trades. {nm} Antibody Dec 21, 13:16

You are forcing traders to be daytraders. You are tunelling everybody into doing the same thing. Guillo Dec 21, 13:45

No, you don't have to necessarily be smart or good to follow movement of stocks on a ticker. {nm} secretstalker Dec 21, 18:17

Obiously I don't mean that. Guillo Dec 21, 20:00

I think that due to the 100k shares, one won't really want to hold onto stocks too long once they're close to delist price anyway {nm} secretstalker Dec 21, 20:14

Yes but In that point I will say it will depend in your port size rather than the 100K, the new delist "tax" will affect that. Guillo Dec 22, 06:20

I agree with that completely and am all for it. {nm} Ivantheterrible May 16, 22:50

I think they should bring back the cold cash option {nm} Ivantheterrible May 16, 22:52

I really can't see how implementing a delist commission this will result in smarter trades, mcmlxixhm Dec 21, 13:59

Example 2 ( Do nothing) seems off but you got the idea, stocks close to maturity price become less profitable. {nm} Guillo Dec 21, 14:24

Yeah, you are correct... after delist, you end up with a gain of only 0.5% (instead of 1.5% as of now). {nm} mcmlxixhm Dec 21, 14:55

I do agree on that JohnTEQP Dec 21, 20:25





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