11–20 of 55 posts
Its an imgur link I know, but this is the most succinct run-down I've seen so far: https://imgur.com/a/DCCpuZA
While I do think shorting is a valid counter to the perpetual sunshine inflation of the stock market, and I do agree that Nikola got what it deserved in shorting, I just love that Elon Musk probably destroyed a couple billion dollars of craven shorting with a single word tweet.
Its an imgur link I know, but this is the most succinct run-down I've seen so far: https://imgur.com/a/DCCpuZA
When you buy before you sell, it's called a 'long' trade. You expect the stock to rise in value. Normal trade. When you sell before you buy, it's called 'short' trade. You expect the stock to fall in value. Example: I shorted GME at $25 (sold), expecting it would fall to $12, where I could buy it back. Reality: /r/Wallstreebets and others decided to keep buying to make the 'shorts' buy (i.e. cover) also, creating a b…
If anyone has watched the Showtime show Billions, this is the plot of Season 6. Basically Taylor vs Axe.
Its an imgur link I know, but this is the most succinct run-down I've seen so far: https://imgur.com/a/DCCpuZA
I haven’t followed the history. In what specific way did driving the share price itself down lead GameStop to near bankruptcy?
https://wallstreetplayboys.com/amc-gamestop-and-nokia-why-it...
When you buy before you sell, it's called a 'long' trade. You expect the stock to rise in value. Normal trade. When you sell before you buy, it's called 'short' trade. You expect the stock to fall in value. Example: I shorted GME at $25 (sold), expecting it would fall to $12, where I could buy it back. Reality: /r/Wallstreebets and others decided to keep buying to make the 'shorts' buy (i.e. cover) also, creating a b…
You can buy call options too.. unless that fell apart not sure. If anyone has watched the Showtime show Billions, this is the plot of Season 6. Basically Taylor vs Axe.
https://twitter.com/MrBrownEyes2020/status/13545170672407715...
Its an imgur link I know, but this is the most succinct run-down I've seen so far: https://imgur.com/a/DCCpuZA
How can you borrow a share that doesn't exist?
Its an imgur link I know, but this is the most succinct run-down I've seen so far: https://imgur.com/a/DCCpuZA
The part I don't understand is this: “Someone noted that these hedgefunds shorted 140% of all shares available.” How can you borrow a share that doesn't exist?
