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GreatGreen posted:As somebody who knows basically nothing about stocks... is it possible to short Gamestop now that the stocks are astronomically overvalued, the idea being they will almost certainly fall back hard because of what a poo poo company Gamestop is? You'd have to find someone willing to take that position - i.e., bet against you. Then you have the problem of either being stuck with worthless stocks at the end of the day or taking a huge risk on a naked short for a tiny profit upside. Edit: if you're not familiar with a naked short, it's like trying to sell a house you're renting from someone. If anyone calls your bluff, the only way you could possibly fulfill the contract is to buy the house from the person you're renting it from - at a much higher price than you sold it for. KillHour fucked around with this message at 07:57 on Jan 28, 2021 |
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Jan 28, 2021 07:52
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| # ¿ May 15, 2024 16:55 |
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