During that CETC spike on 4/07 I took a 300 share (1400$) short position while it started downtrending. I held for about 10 min then it was halted. NASDAQ officially listed it as delisted for failure to submit several quarterly reports and ignoring extensions. The company is down 55% every year and I'm fairly confident it's on the verge of bankruptcy. I only mention this because it is a shady Chinese sushi stock that should have been taken off NASDAQ a week prior. Basically, I never should have made a play on it.
Im stuck in a short position with suretrader and they said I am getting charged overnight short fees of .05%. It is now on day 10 and fees are really starting to pile up.
Does anyone have any advice of what I should do? I am not even necessarily sure of my options at the moment.
Is it normal for suretrader to charge an overnight short fee on a halted/delisted stock?
I am literally in the exact same position. Short 300 @ 4.82 with Suretrader. sucks...
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