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Ann: Results of Meeting, page-102

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hottuna

3,053 Posts.

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04/02/15

13:39

Post #: 14696484
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Originally posted by shadowboxer1 ↑

A whole week of no trading must annoy those holding short positions no end whilst paying high interest

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Buddy
My original post was about paying high interest on shares without being able close a position, long or short if you're using a margin account you're paying interest which you said was bull and you actually receive interest when you short. What ever you decide to do with the money after selling the shares is neither here nor there and if you can receive the same return as paying the high interest charged using the margin account good luck to you. If someone has had a open short since $3 good luck to them plenty of profit minus the interest. It takes about 8 months to close the average short position in Cudeco and in a perfect world those short positions would have all closed at $1.03.

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Bit more cognitive dissonance there shadow? your original post was "A whole week of no trading must annoy those holding short positions no end whilst paying high interest" - there's no mention of margin accounts there?

Last edited by hottuna: 04/02/15

CDU Price at posting: $1.41 Sentiment: Sell Disclosure: Held
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