CXY
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0.00% 0.3¢ cougar energy limited

Hi Av,Basically, when one buys or sells shares you have the...

  1. kempeman
    3,128 Posts.
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    29/05/08
    15:32
    Post #: 3786251
    Hi Av,

    Basically, when one buys or sells shares you have the trading day (the t) plus 3 days for the transaction to settle.

    Some, especially those with leanient brokers, will purchase securities that they may believe are in for a short time rise with the hope and idea of exiting within that t+3 period for a profit with the actual outlay of no money.

    Hope this helps.

    K-Man.
    CXY Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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