Re:Economists who defend disaster profiteers are wrong
by TeMPOraL on Tuesday April 14, 2020 @06:50AM
(#22864511)
And yet this doesn't deter people from buying stocks.
Re:Economists who defend disaster profiteers are wrong
by sokoloff on Tuesday April 14, 2020 @06:54AM
(#22864538)
It does serve as a limiting function for buying shares during hyperbolic up moves. Tesla had one earlier this year. It was the most comfortable short I’ve ever put on. My only concern was trading small enough to ensure I could fade the rest of the upward movement.
You can’t be sure that you’re buying on a sustained upswing in prices.