Author Topic: How is this possible?  (Read 14065 times)

Tajiri

  • I've just arrived
  • *
  • Posts: 3
  • Karma: +0/-0
    • View Profile
How is this possible?
« on: December 17, 2015, 11:54:03 am »
http://www.shareforum.co.za/competition/com_holdings_public.php?user_id=2351&year=current

So you can actually sell what you do not own?

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: How is this possible?
« Reply #1 on: December 17, 2015, 11:59:23 am »
Weird, clearly there's a bug somewhere that allowed three transactions to go off instead of one for ACL. I'll look into it, and hopefully sort the bug out before next years challenge.

gcr

  • Hero Member
  • *****
  • Posts: 1008
  • Karma: +28/-1
    • View Profile
Re: How is this possible?
« Reply #2 on: December 17, 2015, 02:10:29 pm »
Weird, clearly there's a bug somewhere that allowed three transactions to go off instead of one for ACL. I'll look into it, and hopefully sort the bug out before next years challenge.
Sure its called shorting :LHST:
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: How is this possible?
« Reply #3 on: December 17, 2015, 03:29:37 pm »
He will have to close his shorts before the end with money he don't have. :LHST:
I started here with nothing and still have most of it left.

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: How is this possible?
« Reply #4 on: December 17, 2015, 03:52:24 pm »
What are the costs for shorting?

Mr_Dividend

  • Hero Member
  • *****
  • Posts: 586
  • Karma: +21/-0
    • View Profile
Re: How is this possible?
« Reply #5 on: December 17, 2015, 04:46:06 pm »
With GT247 - 0.1% on total amount when you buy AND sell. If you keep it over night the there is a small fee when you long weirdly I think it's the inverse when you short. Think I will test that tonight on my demo account.

Then around R80 p/m for live prices.

Tajiri

  • I've just arrived
  • *
  • Posts: 3
  • Karma: +0/-0
    • View Profile
Re: How is this possible?
« Reply #6 on: December 24, 2015, 05:44:09 pm »
Weird, clearly there's a bug somewhere that allowed three transactions to go off instead of one for ACL. I'll look into it, and hopefully sort the bug out before next years challenge.

Also check: http://www.shareforum.co.za/competition/com_holdings_public.php?user_id=1958&year=current

Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: How is this possible?
« Reply #7 on: December 24, 2015, 08:58:44 pm »
He shows no holdings so perhaps he has them hidden for a few days.
I started here with nothing and still have most of it left.