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Slightly off-topic, but is there a way to bet against Facebook? If one were to accept the premise that Facebook is Ponzi-like, would it be possible to make mone
by Cyranix 14y ago
Slightly off-topic, but is there a way to bet against Facebook? If one were to accept the premise that Facebook is Ponzi-like, would it be possible to make money off its assumedly forthcoming collapse (indirectly, as collateral of the collapse, not in a way that actively seeks to harm other parties)? I ask because it seems as though the only actionable intelligence from this line of reasoning is to stay away from Facebook, with no mention of a way that such knowledge can be turned to further advantage.
- jackpirate 14y agoThe simple answer is either to short sell(http://www.investopedia.com/university/shortselling/shortselling1.asp http://www.investopedia.com/university/shortselling/shortsel...) stock or buy options (http://en.wikipedia.org/wiki/Option_(finance) http://en.wikipedia.org/wiki/Option_(finance)). There's probably more complicated ways too.
- jonknee 14y agoThere is, you can short the stock. But that isn't allowed to start until a little ways after the IPO.
- tatsuke95 14y agoIf you're confident that Facebook is going to tank off the hop (and brave) you could short some other tech stocks (GRPN, LNKD) in the hopes that the negative sentiment spills over.
- tatsuke95 14y agoToday: LNKD down 2% GRPN down 5.5% YELP down 6.5% ZNGA down 7% Too bad I myself am not brave and did nothing.