Answer to Questions below :
If you wish to contra,
but cannot do it by T+3,
it is possible to stretch another 2 days,
ie, max D+2 or same as T+5.
Note a contra is about the same stock.
Buy, sell are separate contracts,
so the two cannot be amalgamated.
But if by D+2 you still have not contra'd,
you must pay for the shares by eps on D+2.
If brokerage fails to receive the funds on time,
shares will be force-sold.
Hence, if you have not paid for the shares by D+2,
you cannot sell it yourself the next day
(from D+3 as it will become a short sell)
since the company would do the force sell for you.
Try to avoid going into D+2
as any problems will result in force selling.
Question :
Is contra still applicable longer than T+2 days,
ie after that, or more than T+3 days?
or even just before action by brokerage,
ie due date stretched to max.
Sunday, March 30, 2008
Saturday, March 8, 2008
Business Models : Various
Capture mass events and if ppl want images of these, sell or seow?
(Entrepreneurs never say seow but r seow eno to earn that m $$$)
(Entrepreneurs never say seow but r seow eno to earn that m $$$)
Saturday, February 23, 2008
Friday, January 25, 2008
Games Development : May not be too diffciult for individuals to market their own, though with help from investors or sponsors
Provided it can be
massively multi-played on-line
(MMOG?) ... so that ...
many make monie
(ie game devlopers, investors, even players)
massively multi-played on-line
(MMOG?) ... so that ...
many make monie
(ie game devlopers, investors, even players)
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