I have 200 short of zagg.cvr. what is it?

Discussion in 'Trading' started by trend2009, Mar 3, 2021.

  1. since it is a short position, I feel uncomfortable. how can I close it? there is no quote for it, and when I tried to close it, IB says it is not tradable on the "value" exchange.
     
  2. wrbtrader

    wrbtrader

    Why did you Short it and what price are you Short ?

    wrbtrader
     
    Last edited: Mar 3, 2021
  3. It looks like best case you'll be paying $4.20 per share, worst case $4.50 ($4.20 per share + $0.30 for a Contingent Value Right [CVR]). It's no longer traded as of Feb 18/21.

    Do a quick Google search and you will find the details.
     
  4. treeman

    treeman

    I’d call your broker first and flatten the position. Then second, I’d start tracking your trades.
     
    d08 likes this.
  5. thanks. no idea how i got them.
     
  6. wrbtrader

    wrbtrader

    Family member with access to your trading account...

    Then thought about its time for payback for something you've recently done in the past. :D

    wrbtrader
     
  7. traider

    traider

    probably some stock you are short did a rights issue
     
    trend2009 likes this.