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serious advices needed, thanks

 Post Reply 21-28 of 28
 
DnApeh
    25-Apr-2009 00:12  
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TR may be able to help by borrowing scrip and let you use to sell. But this can be done only before close of trading day.
 
 
Blastoff
    25-Apr-2009 00:10  
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Like what DnApeh said, learn from mistakes even though it is not your intention to short. Calling TR to see whether he can help you to reverse the trade or whether there is anything that can be done....
 
 
gh3yboy
    25-Apr-2009 00:06  
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ah, i only realised it when i checked my email and my trade alerts. Thanks for the advice(s), btw, how can my TR help... ?? i never had the intention of shorting ..
 

 
DnApeh
    25-Apr-2009 00:02  
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Sorry to hear about this.

Already naked short. Can't do anything about it. Will be fined, and then next week exchange will buy in for you. Best case is price crash. Worst case is price shoot up.

Try not to let this spoil the weekend. $ can be made back. Learn from the mistake. Do not repeat the same mistake.
 
 
Blastoff
    24-Apr-2009 23:57  
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Sound like you have naked short... Should call your TR instead of sending him an email....
 
 
gh3yboy
    24-Apr-2009 23:53  
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yah, i have sent him an email regarding this issue, but, what is it actually about?? need ur advice, thx sir.
 

 
AK_Francis
    24-Apr-2009 23:47  
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Call your TR now.
 
 
gh3yboy
    24-Apr-2009 23:45  
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i have been holding onto lets say, STK A (4 lots) , for 2 mths, and i have queue to sell @ 0.8 (0.75), but being abit ganjiong, i decided to sell at 0.75, so i queue again. So total, i will be selling 8lots (when i'm only holding 4 lots).

So when the trading ends today, i managed to sell my 4 lots @ 0.75 , however, i also manage to sell the other 4 lots @ 0.80...Can anyone help me with this problem as i have forgotten to cancel the queue for 0.80.....and its filled for 0.75 (4 lots) , 0.80 (4 lots).. trade closes @ 0.75 .
 
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