Author Topic: Can we short shares  (Read 4647 times)

The Trader

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Can we short shares
« on: January 15, 2015, 07:03:23 am »
Is there a way to short shares in the competition?

For instance, if you look at Imran's transactions it would seem there is.....

2015-01-08 12:42:31 CGR 7377 1350 R99 987,86   
2015-01-08 13:00:27 CGR -7545 1350 -R101 737,50

18 minutes after buying CGR he was able to sell more shares than he owned at the same price, thus netting a small profit because price was the same. However, it doesn't show him as being short in his holdings.

Patrick, any ideas on this?

Patrick

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Re: Can we short shares
« Reply #1 on: January 15, 2015, 07:12:01 am »
It shouldn't be possible, I'll have to go check out his details in the database, Imran, perhaps you know what happened there?

Patrick

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Re: Can we short shares
« Reply #2 on: January 15, 2015, 09:16:58 am »
It shouldn't be possible, I'll have to go check out his details in the database, Imran, perhaps you know what happened there?

The database gives no clue how it happened but I fixed it manually.

Imran

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Re: Can we short shares
« Reply #3 on: January 15, 2015, 03:23:38 pm »
Sorry Patrick, no idea, didn't even notice it.

Fawkes85

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Re: Can we short shares
« Reply #4 on: September 01, 2015, 03:44:53 pm »
On a different note...is there a way to buy gold in this competition without buying shares in any mining company?

Patrick

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Re: Can we short shares
« Reply #5 on: September 01, 2015, 03:48:37 pm »
On a different note...is there a way to buy gold in this competition without buying shares in any mining company?
Yes, share code GLD: http://www.shareforum.co.za/competition/com_purchase_share.php?stock_symbol=GLD