3 ms·

> never the time to short a company > can be part of a combination strategy

• pocksuppet 7mo ago
  Never hold a net short position. You may hold a short position as part of a net neutral or net long position with extreme caution.
  • eru 7mo ago
    What you are saying suggests that there's a single number (that can be positive or negative) that characterises your net short or long position. That's silly. You can build pretty much any kind of shareprice-to-payoff function with enough options and other instruments. And that's one dimension (a line) more than just a single number. You can get arbitrarily more complicated, if you want to.