>>21223509 (pb)
>https://x.com/ImMeme0/status/1813363426292367417
Not if it came from (in that picture) the bottom right, no?
In stock?
Selling equity you don't own(loaned by brokers/banks/etc) at a relative high, waiting for the price to drop and buying the equity back at the lower price - closing the loop, and keeping the difference.
Example: I sell 5k shares(loaned to me on credit, by citadel) at 300 dollars a share(netting 1.5million), wait for the price to drop to 200 dollars a share (paying w/e the short interest is in the meantime), buy 5k shares back at 200 a share(costing 1million). the million goes back into citadel's pockets, and I keep the 500k profit.
By "the million" I am referring to the new shares worth the 1million, not the money itself.
This bitch is so unlikable I don't know how anybody ever entertained the idea of voting for her.
To a degree, yes. The thing is, there is plenty of financial analysis you can do to identify overvalued equity prime for shorting. It doesn't have to be insider information, that is just how you get filthy rich as a congressman, mostly.
The majority of successful shorting done by retail traders (that I'm aware of, personally) is done through options (buying/selling puts), which helps to limit your exposure.
When you short sell, you're putting yourself into a position wherein you introduce exponential/infinite risk (the price skyrockets), the options are a much safer way to short imo.
A "fight fight fight" call out by Desantis?