Re: short position as of 6.30.08
in response to
by
posted on
Jul 10, 2008 06:28AM
The company whose shareholders were better than its management
I tried to do the same thing with my discount broker but they said I can not have a long and short position simantaneously in the same account. I was going to put a short position to close the voilatility until the mining law and other political issues look greener. The only downside is i have to be nimble enough to cover the shorts when the SP rockets.
Hi Kwong:
To accomplish this, you can go long in your Canadian account, while then going short in your US account. This may be why AUREF has such a large short position.
TW.