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Am I correct in saying that if someone can forecast approximately when that will happen, they can short the stock and make money off of the mass selloff? Essen
by kemiller2002 6y ago
Am I correct in saying that if someone can forecast approximately when that will happen, they can short the stock and make money off of the mass selloff? Essentially putting the short sellers back where they started (in a sense)?
- unanswered 6y agoIf you think you can outsmart both the hedge funds and WSB, go right ahead. I for one will simply regret my lack of faith causing me to miss out on 4000% returns (so far) and move on.
- SpicyLemonZest 6y agoIn principle, but it's fundamentally challenging to forecast this kind of thing. For example, Kodak is still up almost 300% (down from like 1,000% in July) on the news of a government loan they haven't received and a pivot to pharmaceuticals manufacturing they haven't started.