RE: Shorts4 Nov 2015 17:32
a short remains frozen when share suspended,
just as with long positions. if someone has a
short open by borrowing shares, they would
presumably remain liable to pay the borrowing
cost until the position could be closed out. (if
someone has a short open via spreadbet, it's a
somewhat different situation -- most of my
trading is with IG, where i have to pay them a
daily funding charge for any long DFB s/bet
positions that i hold, whereas they pay me every
day if i have any DFB short positions open.)
IG won't allow s/bets in Dan anyway, presumably as
its mcap is too low. i imagine that there may be some
other s/bet providers who might make a price, but
probably only for very small size. (me, i haven't checked.)
... i assume that clock is referring to me, since he
seems to have a bit of a bee on his bonnet about me
posting on this bulletin board. -- for the avoidance of
doubt, i have no position in Dan, neither long or short,
(nor do i have any intention of taking any position here.)