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I'm confused

8 messages,  Last post on Oct 17, 2008 at 8:19 PM

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#1 of 8
I'm confused by wdrybak
Oct 09, 2008 (8:02 pm)
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Mike,
 
The BMW 1 Series was retired at CSX$9.28. I was short 8785 shares. My portfolio seems to have retired it at CSX$9.28 (instead of CSX$90.72) as though I had owned the shares instead of shorted them. Can you check this?
 
Thanks.
#2 of 8
Re: I'm confused [wdrybak] by mikedrud
Oct 10, 2008 (8:14 am)
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Replying to: wdrybak (Oct 09, 2008 8:02 pm)

We are looking at that. It's not an error per se, but just a display issue. We may not include those line items in the Transaction Lists anymore, because it's confusing to see the display like that. But at the same time, I would want people to see how much they made/lost on each retired stock without having to do the calculations themselves.
 
More on this later.
#3 of 8
Re: I'm confused [mikedrud] by networkguy
Oct 10, 2008 (8:34 am)
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Replying to: mikedrud (Oct 10, 2008 8:14 am)

All my retired short positions showed up at the final 'real' price of the stock. I prefer that to the inverse short price showing up at at retirement. I am always considering the actual price of a retiring stock when I buy or short it.
#4 of 8
Re: I'm confused [networkguy] by mikedrud
Oct 10, 2008 (1:35 pm)
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Replying to: networkguy (Oct 10, 2008 8:34 am)

We just changed that today to make it a little more easier to read.
#5 of 8
Re: I'm confused [mikedrud] by hal9000
Oct 16, 2008 (3:33 pm)
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Replying to: mikedrud (Oct 10, 2008 1:35 pm)

I shorted the Lincoln MKS....it shows a short price of $75.49....the stock is has hovered around $25.00 and I've been in the red the whole time...can somebody explain where the $75.49 came from as I don't believe the stock price has even been that high?
#6 of 8
Re: I'm confused [hal9000] by chung
Oct 17, 2008 (6:47 am)
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Replying to: hal9000 (Oct 16, 2008 3:33 pm)

it means you shorted at price of 100 - 75.49 = $24.51 per stock
#7 of 8
Re: I'm confused [hal9000] by mikedrud
Oct 17, 2008 (8:47 am)
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Replying to: hal9000 (Oct 16, 2008 3:33 pm)

hal9000 (love the name, by the way),
 
chung is correct. Also, see my post about the complicated short transaction here:
 
mikedrud, "CSX - The "Short" transaction explained" #1, 29 Feb 2008 3:46 pm
 
Best,
 
Mike
CSX Game Supervisor
#8 of 8
Re: I'm confused [mikedrud] by hal9000
Oct 17, 2008 (8:19 pm)
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Replying to: mikedrud (Oct 17, 2008 8:47 am)

Great Link! Thanks!

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