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General Category => The Investor Challenge => Topic started by: The Trader on January 15, 2015, 07:03:23 am

Title: Can we short shares
Post by: The Trader 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?
Title: Re: Can we short shares
Post by: Patrick 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?
Title: Re: Can we short shares
Post by: Patrick on January 15, 2015, 09:16:58 am: Quote from: Patrick 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?

The database gives no clue how it happened but I fixed it manually.
Title: Re: Can we short shares
Post by: Imran on January 15, 2015, 03:23:38 pm: Sorry Patrick, no idea, didn't even notice it.
Title: Re: Can we short shares
Post by: Fawkes85 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?
Title: Re: Can we short shares
Post by: Patrick on September 01, 2015, 03:48:37 pm: Quote from: Fawkes85 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?
Yes, share code GLD: http://www.shareforum.co.za/competition/com_purchase_share.php?stock_symbol=GLD