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This is exactly how I make money shorting (or buying puts on) companies like Ubisoft and EA. They're pretty much hated by the entire gaming community and their
by miningape 1y ago
This is exactly how I make money shorting (or buying puts on) companies like Ubisoft and EA. They're pretty much hated by the entire gaming community and their games do not perform well - investors actually believe the stuff they say in press conferences so often the stock prices are over inflated and get corrected about 1 week post launch.
- iTokio 1y agoBe careful, shorts are generally not for retail investors. Shorting is about predicting when a stock will go down. Not that it will go down. Because - there is no limit to how high a stock price can go - the market can stay irrational longer than you can remain solvent
- gnarlynarwhal42 1y agothere are ways to cover yourself, either buy a put (like he mentioned) or if you are short shares then buy a call. both of these have defined risk. also more advanced options strategies would let you adjust where you'd profit and where your risk is in the trade