Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

First Majestic Silver Corp T.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.


TSX:AG - Post by User

Bullboard Posts
Comment by laffinatbaggieson Mar 17, 2017 10:46am
393 Views
Post# 25993212

RE:for laffin....

RE:for laffin....
wideopenthrottl wrote:
just curious as I have never shorted a stock...is there a one time fee to short or is it a fee every month/quarter/year? is it a % of the value of shorted stock or a flat rate? does the fee stay the same or vary with time/no of shorts? cheers Wide


You are joking. You spend  time finding articles and post them, but don't know about shorting....right. Same price as a long. No fees for shorting. All depends on your brokerage. For instance, when I shorted FR.TO at $24.23 on August 2. My fees for shorting would have been the same as the long who bought those shares. Some brokerages charge 1cent/share to short or go long. Some charge $5 or $6.50 per trade whether it is long or short. No difference in price between a long/short trade, there never has been. Is there a fee to hold fora  long for x amount of time? You only have to pay the dividend if there is one. But most silver stocks have no dividend. That is why most banks don't get shorted unless there is a 2008/9 situation because they would have to pay the dividend. But you already knew this. Easier money to make on shorts than longs. Any good trader knows that it's easy to short off parabolic moves.

Bullboard Posts