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.
- Forums
- ASX - By Stock
- here comes the bounce
Hi Av,Basically, when one buys or sells shares you have the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online