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To: steve harris who wrote (11875)8/19/2011 3:46:20 PM
From: Sr K  Respond to of 20435
 
you can't add to an existing position.



To: steve harris who wrote (11875)8/19/2011 6:29:53 PM
From: Taro  Respond to of 20435
 
Steve, what you can do if you want to add to an existing position:

1. Sell those you already have
2. Buy more of the same again

/Taro



To: steve harris who wrote (11875)8/19/2011 11:20:11 PM
From: Elroy  Read Replies (2) | Respond to of 20435
 
Put me max long CDII China Direct Industries, Inc. not to fail the 50% rule, and add the change into the SHLD short. Making them both 50% holdings....



yeah, you can't just add to your existing SHLDshort position, so....I'll sell your whole portfolio, and then split the cash between the two positions.

steveharris
Stock Price Shares Value Cost … Change
SHLD $52.55 0.635 $66.66 $78.80 … -33% Short
Cash $1.00 73.688 $73.69 $1.00 … 0%
steveharris Total = $140.34

becomes

steveharris
Stock Price Shares Value Cost … Change
SHLD $52.55 1.329 $69.84 $52.55 … 0% Short
CDII $0.92 75.912 $69.84 $0.92 … 0%
steveharris Total = $139.68