I’m looking at the Dashboard for a stock I’ve just shorted. I have -5 of the stock. The price was $14.49 before I sold. After I sold, the price was $14.25. I sold for an average price (the dashboard correctly tells me) of $14.37. The Dashboard also says, though, that I’m “Up $0.60” – which simply isn’t true. If I closed my position now, I’d buy 5 shares at an average of… $14.37, for a profit of $0.00.

Could the Dashboard not be made to reflect the profit (or loss) I’d make if I were to close my position at the current price?

Thanks for your comment – we’ve gone back and forth on these various calculations quite a bit; we’ll definitely consider changing this – it has indeed always been odd that the dashboard shows you are “up” after making a trade but if you indeed sold back the shared and cashed out the position before anyone else traded, your profit would be $0.

We’re checking in a code change to do what “sircu5” suggests tonight – so the up/down value will now be what you are worth IF you cashed out.

This does make the dashboard much more useful.

One comment though: Closed markets should still show the full value of the stock, as closing them out doesn’t lower the price.

Dysk,

Can you please clarify your comment?

If you go to directory/closed markets, then go in to any market, it shows two prices: the last closed price and what the stocks were cashed out at. Are you not seeing this?