Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by xuki on Sunday September 13, 2020 @11:23AM
(#24461422)
Short selling is just ... selling. Every time a shareholder sells a stock for whatever reason, they effectively short it.
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Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by doktorhladnjak on Sunday September 13, 2020 @11:47AM
(#24461564)
Selling stock you own and selling stock you borrowed from somebody else with the obligation to return it at some point are pretty different
Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by sokoloff on Sunday September 13, 2020 @11:52AM
(#24461608)
Yes, the latter is far riskier and obligates you to buy shares later, meaning you have to have more conviction in your investing thesis.
(Disclosure: I’m short $NKLA after Hindenburg published. I believe it’s more likely going to the teens [and possibly worse] in 2020 than sustainably into the mid-40s. If it holds $30+ through 2020, I’ll probably cover.)