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Car Stock Exchange Market manipulation
16 messages, Last post on Oct 15, 2008 at 8:39 PM
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Replying to: yuant (Oct 11, 2008 6:28 pm) 1. Shorted 13,048 shares, essentially you "paid" 12.30/share (inverse of 87.70 or 100.00 - 87.70). Break-even amount: $160,490.40 2. Covered 81,366 at 16.04/share: Transaction value: 1,305,110.64. I don't know how many shares you owned total (and what the value of those previous transactions were, but for #1 short, you made 16.04 - 12.30 = 3.74/share. For #1, you should have come out ahead 48,799.52 (or thereabouts). 3. You then sold 68,318 share at 16.96. I don't know the price at which you originally purchased these shares. That will determine the profit or loss you had here. 4. And now you hold a short position of 13,259 shares. Is that correct?
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Replying to: mikedrud (Oct 13, 2008 10:58 am) Mike, was there anyone else placing trades on S94X between my first and last trade?
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Replying to: yuant (Oct 13, 2008 11:17 am) Although I do did not calculate your earning in detail, from my multi hundreds experiential transactions back in March/April, you are more likely to lose money by trading yourself. These were few instances where you would make money, but the results were fairly random and not consistent even the same stock. (experimented on a different day, same number of shares) Of course the algorithm might have changed since then, but i figured such transactions were not worth the risk anyway. Anyways, have fun. |
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I lost $6 MILLION today. I was bumping up and down to make a few thousand bucks ($10-15k) and got stung. If this is legit, I'll eat it and continue to play. However if there is a glitch or no other purchasing during this time, I'd sure like to see it fixed. Vehicle Name Shares Price Total Hour (PT)/Date Type Acura RL (ACRL) 121,349 $20.49 $2,486,441.01 12:53pm 10/15/2008 Sell Acura RL (ACRL) 217,520 $44.21 $9,616,559.20 12:52pm 10/15/2008 Cover/Buy Acura RL (ACRL) 227,418 $84.07 $19,119,031.26 12:52pm 10/15/2008 Sell/Short Acura RL (ACRL) 116,247 $25.88 $3,008,472.36 12:51pm 10/15/2008 Buy Cadillac Escalade hybrid (ESCh) 240,743 $26.17 $6,300,244.31 12:49pm 10/15/2008 Sell Cadillac Escalade hybrid (ESCh) 275,409 $23.98 $6,604,307.82 12:49pm 10/15/2008 Cover/Buy Cadillac Escalade hybrid (ESCh) (34,665) $90.78 $3,146,888.70 12:48pm 10/15/2008 Short GMC Sierra hybrid (SRAh) 221,441 $23.83 $5,276,939.03 12:45pm 10/15/2008 Sell GMC Sierra hybrid (SRAh) 255,587 $21.46 $5,484,897.02 12:45pm 10/15/2008 Cover/Buy GMC Sierra hybrid (SRAh) (34,145) $91.58 $3,126,999.10 12:44pm 10/15/2008 Short Cadillac CTS Sport Wagon (CTSS) 44,652 $12.07 $538,949.64 12:27pm 10/15/2008 Sell Cadillac CTS Sport Wagon (CTSS) 200,000 $28.46 $5,692,000.00 12:26pm 10/15/2008 Sell Cadillac CTS Sport Wagon (CTSS) 279,000 $23.44 $6,539,760.00 12:25pm 10/15/2008 Cover/Buy Cadillac CTS Sport Wagon (CTSS) (34,347) $91.11 $3,129,355.17 12:25pm 10/15/2008 Short Cadillac CTS Sport Wagon (CTSS) 182,952 $20.29 $3,712,096.08 12:23pm 10/15/2008 Sell Cadillac CTS Sport Wagon (CTSS) 217,085 $18.35 $3,983,509.75 12:22pm 10/15/2008 Cover/Buy Cadillac CTS Sport Wagon (CTSS) (34,133) $91.57 $3,125,558.81 12:22pm 10/15/2008 Short Audi A4 (AUA4) 6,000 $27.39 $164,340.00 12:16pm 10/15/2008 Buy Audi A4 (AUA4) 60,000 $38.47 $2,308,200.00 12:15pm 10/15/2008 Sell Audi A4 (AUA4) 42,350 $41.96 $1,777,006.00 12:15pm 10/15/2008 Buy Audi A4 (AUA4) 10,000 $31.22 $312,200.00 12:14pm 10/15/2008 Buy Audi A4 (AUA4) 30,000 $34.93 $1,047,900.00 12:13pm 10/15/2008 Sell Audi A4 (AUA4) 25,000 $36.31 $907,750.00 12:13pm 10/15/2008 Buy Audi A4 (AUA4) 5,000 $30.36 $151,800.00 12:12pm 10/15/2008 Buy |
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Replying to: 57sweptside (Oct 15, 2008 12:01 pm) |
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Replying to: 57sweptside (Oct 15, 2008 12:01 pm) Acura RL (ACRL) 115,107 $61.78 $7,111,310.46 12:52pm 10/15/2008 Sell Acura RL (ACRL) 115,107 $5.06 $582,441.42 12:52pm 10/15/2008 Buy |
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Replying to: 57sweptside (Oct 15, 2008 12:01 pm) Volkswagen Tiguan (VWTG) 83,110 $1.38 $114,691.80 10:03am 10/09/2008 Sell Volkswagen Tiguan (VWTG) 83,110 $25.55 $2,123,460.50 10:02am 10/09/2008 Buy Granted, I wanted to bleed off some cash but not $2 million worth....
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Replying to: thegrocer (Oct 15, 2008 7:17 pm) |
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