Lovely_sombrero [he/him] to the_dunk_tank • 2 months agoThis is just sadimagemessage-square59 fedilinkarrow-up1197
arrow-up1197imageThis is just sadLovely_sombrero [he/him] to the_dunk_tank • 2 months agomessage-square59 Commentsfedilink
minus-squareAndrzej@lemmy.myserv.onehexbear14·2 months agoThe problem with shorting is that it's an expensive position to maintain, so you have to get the timing bang on or you can lose potentially infinite money linkfedilink
minus-squareAcute_Engles [he/him, any]hexbear3·2 months agoI see I see. I have a very finite amount of money, unfortunately link
minus-squarefox [comrade/them]hexbear2·2 months agoYeah if you short Tesla at $10 and they go bankrupt, you made $10. If they do a hype bubble and go to $100 you need to pay $100 back link
minus-squareAndrzej@lemmy.myserv.onehexbear2·2 months agoSpeculation is a game for the rich, I'm afraid linkfedilink
The problem with shorting is that it's an expensive position to maintain, so you have to get the timing bang on or you can lose potentially infinite money
I see I see. I have a very finite amount of money, unfortunately
Yeah if you short Tesla at $10 and they go bankrupt, you made $10. If they do a hype bubble and go to $100 you need to pay $100 back
Speculation is a game for the rich, I'm afraid