News for hackers. Stuff that matters.

A comment on Are You Trading or Gambling?. Parent comment

Re:Are You Trading or Gambling? by JohnJamesRambo on Saturday February 27, 2021 @07:48AM (#26284525)
I think the problem with this is it works great in a bull market but when the recession man comes the stock values get pared down to what the companies are really worth.
[ Parent | on HN ]
Re:Are You Trading or Gambling? by GuB-42 on Saturday February 27, 2021 @08:38AM (#26284754)
It is the same thing with a bear market, that's the reason why shorts exist.

It I think people will think a company is overvalued, then I can short a very good company and make money.

[ Parent | on HN ]