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Pendulum Pendulum stars Phoebe Dynevor and Joseph Gordon-Levitt as a couple on a visit to a new-age retreat in New Mexico...
The King of Kings Based on the Charles Dickens short story “The Life of Our Lord", The King of Kings follows the multi-dimensional...
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This is my take too. Covering and re-shorting shorts is fine, if you want to free up cash and don't mind paying commission.
Posted by: RogerMore on Nov 20, 10:17 in response to eyescovered's post If I read this correctly...
Selling and then re-buying longs costs you commission, and has no benefit
Is it ever advantageous to re-invest in something? Let me explain CP7x77 Nov 20, 08:59
If I read this correctly... eyescovered Nov 20, 09:19
This is my take too. Covering and re-shorting shorts is fine, if you want to free up cash and don't mind paying commission. RogerMore Nov 20, 10:17
This is quite inaccurate. First of, selling from a long while it's sinking, typically helps on your daily profit, Secondly, the cash you Facto Nov 20, 10:37
But that's not what he's asking. He is asking whether selling a stock, banking the profits and rebuying the stock immediately is a good idea {nm} RogerMore Nov 20, 13:54
I don't think re-investing pays off... lapuckfan Nov 20, 09:54
The advantage would be to shelter in case the price goes up. {nm} CP7x77 Nov 20, 10:37
Here's my take Lib84 Nov 20, 10:37
I would agree, but if you make more than enough to cover the commission and still pull profit, it's still good for shorts, but... CP7x77 Nov 20, 14:23
Sure, look at a movie like Bruno it was easy to take the profits from the short and then reshort from all the bad numbers. damenchipguy Nov 20, 14:28
Seriously, 2012 will never go anywhere near that low... You still have some work to do before you are fully seasoned, it seems :-)) {nm} Facto Nov 20, 22:14
Got that right I am dumping at 140, holding way better than I thought. It looks like lack of DC instead of quality of movie {nm} damenchipguy Nov 21, 14:41
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