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If it's so bad, then go short WeWork.
by jopsen 7y ago
If it's so bad, then go short WeWork.
- dmitrygr 7y agoSome rule changes after 2008 made it impossible to short IPOs, unfortunately.
- hanniabu 7y agoOf course they'd make that rule, those in power don't want anybody calling out their vaporware ponzi scheme IPOs and poo'ing on their party.
- JumpCrisscross 7y ago> made it impossible to short IPOs This isn’t true. It’s more difficult, but not prohibited. Depending on your account size, most banks will also sell you a put or short swap bilaterally.
- ceejayoz 7y ago"The market can remain irrational longer than you can remain solvent."
- cryptica 7y agoBest quote ever. When it says 'you', it's literally speaking to you as the reader. Someone else will make money on the short but it will not be you. Influential insiders are the ones who have the power to decide the exact timing of when the bubble will pop and they will choose a time which maximises their profit at the expense of your principal.