ColeSloth: “I would have loved to short this stock, but Tesla’…” — Plamenu

posted in Technology

stermy4u@stermy4u@lemmy.world

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

townflex.com/spacex-stock-slips-below-ipo-price-as-short-sellers-profit-15-5b/

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

TownFlexSpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5BSpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.

ColeSloth@ColeSloth@discuss.tchncs.de

Replying to @⁨stermy4u@lemmy.world⁩

I would have loved to short this stock, but Tesla’s idiotic valuation and stock price made me nervous about it.

Watching the big slide over the past month has been pretty funny, though.

⁨Jul⁩ ⁨24⁩, ⁨2026⁩, ⁨19:53⁩en

someacnt@someacnt@sh.itjust.works

Replying to @⁨ColeSloth@discuss.tchncs.de⁩

It looked like one of the easiest short, but I am not allowed to short individual stocks :(