SGX
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SGX
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thanks, means must cover back same day ?
AK_Francis ( Date: 28-Oct-2010 11:31) Posted:
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Sorry, AK never encountered b4, call your broker immediately, d broking hse will make nec arrangement to make a "Buy In" for u, and likely waiver of d so-called fine of $1000 or 5% of d traded stock amount, whichever amount is lower.
Be safe, verify with your broker first, before u do d shorting later. If u hv few broking hse, verify with your respective broker in each broking hse as well. Getting few broking hse is to increase your overall trading limit, either Buy or Sell limit loh. On the otherhand, if the broker is your good frd as well, then he can raise your House trading limit, as being as a gaurantor n making some back door arrangement.
kdyz84 ( Date: 28-Oct-2010 10:39) Posted:
| eh wanna ask, if u short a stock, u have to cover back the same day? if stock halt and didnt cover = pay fine? |
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Nov 11 D-Day, Who can run casino better ? Ang Mo or China man will be known !!!
Haha.. with Richman & AK around, don't need to pay to learn lesson.
Thanks
Ha ha, different contract statement liao. Need to deal with d transaction separately with diff broking hse. On the otherhand,if did it unknowingly, then settle both transaction loh n learn a good lesson mah. Cheers.
poboxfor ( Date: 28-Oct-2010 11:39) Posted:
| Can i sell first (short) in broker 1 and buy using broker 2 on the same day? Will I get fined? |
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Must be the same brokerage house...
poboxfor ( Date: 28-Oct-2010 11:39) Posted:
| Can i sell first (short) in broker 1 and buy using broker 2 on the same day? Will I get fined? |
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Can i sell first (short) in broker 1 and buy using broker 2 on the same day? Will I get fined?
Sorry, AK never encountered b4, call your broker immediately, d broking hse will make nec arrangement to make a "Buy In" for u, and likely waiver of d so-called fine of $1000 or 5% of d traded stock amount, whichever amount is lower.
Be safe, verify with your broker first, before u do d shorting later. If u hv few broking hse, verify with your respective broker in each broking hse as well. Getting few broking hse is to increase your overall trading limit, either Buy or Sell limit loh. On the otherhand, if the broker is your good frd as well, then he can raise your House trading limit, as being as a gaurantor n making some back door arrangement.
kdyz84 ( Date: 28-Oct-2010 10:39) Posted:
| eh wanna ask, if u short a stock, u have to cover back the same day? if stock halt and didnt cover = pay fine? |
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SGX will be up today...prepare for TP 9.10
eh wanna ask, if u short a stock, u have to cover back the same day? if stock halt and didnt cover = pay fine?
I wonder if the sharp decline in SGX share price has found bottom? seems to be holding pretty well for now. hopefully it will move up from there.
http://sgsharemarket.com/home/2010/10/sgx-bullish-reversal/
$hortist in MONEY liao when short hight at $9 level liao lah.... :P T+4 coming.....Fri shld start SHORT SEASON IV :)
soloman ( Date: 27-Oct-2010 13:16) Posted:
today rather quiet ...
that means alot of shortist loses big money today ...
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what an irony... SGX is the only Green spot among the sea of ST Indexes' red (as at now).
Maybe SGX is trying to generate more volume than the 2 latest huge IPOs through this saga.
Short covering today.
Will resume downward spiral later.
today rather quiet ...
that means alot of shortist loses big money today ...
$8.88 - 88c to fall to my Buy TP.
