Stock short covering?
I wonder, what is the difference between holding a short position in stock:1) going into collapse and will be delisted in a few days?
2) get acquired by some private equity firm and will be delisted surrounded by a few days?
Does the short position have to be covered contained by both scenarios?
Answers: When a stock is delisted it does not give up to exist, even if the company goes into liquidation. It may continue to trade on another exchange the OTC BB or the pink sheets. It is possible at some after that date the stock will be canceled and no longer exist, but that does not always surface.
When a company is acquired by some private equity firm, the equity firm will buy and revoke all the stock, after which the stock will no longer exist.
In lay down to keep a short position your broker must hold shares to borrow. If the shares are canceled and no longer exist the broker will not have shares to borrow so short positions will hold to be covered.
Swing trading books?
So I think I hold decided to be in motion with the swing trading strategy when I start investing surrounded by the market. What are some books that can back me enhance my knowledge beside swing trading?Answers: Trading for Dummies ISBN 0-7645-5689-4
I just finished reading it. It discusses sunshine, swing and position trading strategies. The book is not dedicated to swing trading but at hand are some good chapter on it and finding entry/exit points, indicators, trends, etc.
fyi
Be prepared to devote much of your day to watching charts though as year and swing trading becomes your full time work.
My $0.02
What are some stock trading career compensated through commission.?
Careers on Wall St.Answers: Market maker or specialist - they're both one within the same. The difference is the exchange.
A broker works for a brokerage company OR that may be another residence used on another exchange.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, to be precise my real closing name!