LogFAQs > #952837798

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TopicStock Topic 27
StartTheMachine
04/14/21 7:17:31 PM
#275:


red sox 777 posted...
Why would you want to short a stock when there are no shares to short? That screams short squeeze potential.

Because for 30 minutes I would have made a 25% gain that I closed before the hype run tomorrow.

Though honestly even that I'm doubtful would last long for these IPOs, but with a short position I'd play safe. There's a million people getting rich off short positions post GME (and from GME). The WallStreetBets cult has done nothing to change that. Shame, since maybe they could have been a real movement.

E: And having never had a short go through besides back when I paper traded, I was putting up barely over 5k worth. Though I guess had it gone through I might have put up more. I mean literally every IPO for the last year has followed the same pattern. I honestly can't think of a single one that didn't sell off on IPO day and closed higher than its opening.

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