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Going through DHH's tweet history a couple of months ago when I was trying to get into a short CRM position, I'm not sure he's losing much on the CRM short. Bas
by firebones 14y ago
Going through DHH's tweet history a couple of months ago when I was trying to get into a short CRM position, I'm not sure he's losing much on the CRM short. Based on the times that he was tweeting about taking or adding onto positions, my guess is that his cost basis for the short is somewhere in the $140-$155 range. That is assuming that he didn't short more when it dropped to around $100 (which involved a lot of tweets about how overvalued they were, but no indications that he was increasing his short position.) So he may be down 5-10%, but probably not losing his shirt.