BBG 0.00% $1.05 billabong international limited

market commentary, page-56

  1. 12,832 Posts.
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    Well last I heard BBG was a 30% margin short so for every 30% down your'd make 100% return on you funds ... i.e sold short @ $5 > 4.50=100% $3 = 200% 1.50 = 300%

    sorry sunday brain fade ---most likely I would think the best BBG shorter will be sitting on 300%-330% (not 1000%)

    --also shorters get paid interest on shares short sold.....

    sounds great when your on the right side of it....

    But if say you short BBG @ these levels say $1 and we get a T.O trading halt $2 etc your be wiped out by 1.30 plus commissions .....Now I know from personal experience the CFD providers will expect you to front any of their losses on your order i.e BBG goes to 1.90 provider will want 200%+com on top of your 100% loss
 
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