LogFAQs > #942451855

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TopicStock Topic 8
Nanis23
07/22/20 5:31:54 PM
#381:


red sox 777 posted...
You know the proverb. "The market can stay irrational longer than you can stay solvent."

In other words don't ever try to short a bubble stock like TSLA or GNUS. The bubble will eventually burst but if you short it you'll probably lose your house first.
I don't short stocks. Ever. at best I buy some SQQQ or PSQ. But never taking the chance of losing plenty of money
And I am annoyed mostly because of Musk tweet a few weeks ago when he called the stock "too high"
Plenty of people lost money due to panic selling because of that tweet. This is not funny. You just don't do something like that.
And no, I did not hold Tesla stocks at that time. And it still annoyed the hell out of me and I am not forgiving him.

Sadly, I should have realized it wasn't a manipulation to kill the stock, but rather a manipulation to make people buy it cheaper before a massive surge

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wololo
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