3 ms·
"A useless product is never sustainable. I wish I could short Facebook." Knowledge about lack of sustainability is not enough to short. Even if you are sure a
by praptak 17y ago
"A useless product is never sustainable. I wish I could short Facebook."
Knowledge about lack of sustainability is not enough to short. Even if you are sure about the imminent collapse, they might skyrocket before that point. In this case you are forced to cover at a huge loss.
- LiveTheDream 17y agoBuy a put option instead of shorting, and you are protected against rising share price.
- ljlolel 17y ago+1 Haha, yea, you're completely right. Also, don't forget that Facebook can monetize in ways other than ads. So even if I were right, my short would still probably lose. I said this merely for effect. I wanted to emphasize a point: I think its unlikely that their ad platform will add value long-term.