Re:Investors Bet Against Tesla–and Lost $8.4B in Five Weeks
by Agustus on Sunday February 09, 2020 @08:31PM
(#22285689)
Short sellers have a place in the market. They put in place a mechanism, in real markets, to hold a stock to honesty.
Imagine if WeWork could be shorted, people would have been able to hold the stock price down. Instead of the last minute moment where everyone looked around and went: It’s a REIT!
Where I share your sentiment on short sellers and longs are the ones who fake information / overpromote it to make some money, which distorts the market for the commoners.
Imagine if WeWork could be shorted, people would have been able to hold the stock price down. Instead of the last minute moment where everyone looked around and went: It’s a REIT!
Where I share your sentiment on short sellers and longs are the ones who fake information / overpromote it to make some money, which distorts the market for the commoners.