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Quite the opposite. If you did not hold the shares past that window, then you'll end up in a short position.
by DavidSJ 16y ago
Quite the opposite. If you did not hold the shares past that window, then you'll end up in a short position.
- joezydeco 16y agoOkay, I'm missing something. I buy at 0.01, then sell at 40.00 during the window. My buy and sell transactions both get cancelled, so how am I out anything? I can see the guy on the other end of the sell transaction getting screwed, but what happens to me? I can see what you mean if I bought at 0.01 to cover a short, but I'm looking at a simple position.
- DavidSJ 16y agoOops, you're right.