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re: Why do people have an aversion to shorting stocks ?

Posted on 7/17/26 at 8:59 am to
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
72673 posts
Posted on 7/17/26 at 8:59 am to
quote:

Why do people have an aversion to shorting stocks ?



Go talk to all the institutions and people that have lost everything by shorting stocks, there's plenty of them

There's infinite downside
Posted by TX_Tiger23
Texas
Member since Aug 2013
298 posts
Posted on 7/17/26 at 9:19 am to
“Whatever” is about the response I expected.

No one said it changed the fact you made money. But you didn’t short any stock. You bought an inverse ETF.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
33979 posts
Posted on 7/17/26 at 9:57 am to
doesn't know the difference in shorting a stock vs inverse ETF, but it was totally logic and not luck
Posted by ZZTOP
Member since Jul 2026
147 posts
Posted on 7/17/26 at 10:21 am to
quote:

doesn't know the difference in shorting a stock vs inverse ETF, but it was totally logic and not luck


Semantics much ?

Saying "I shorted" was more efficient and to the point than saying "I purchased SSPC which is an inverse leveraged ETF that mirrors the performance of SPCX negatively at 2X".
Had I said all that you would have complained "Why didn't you just say you shorted it".

You sound butthurt that you've lost your arse on SPCX while I've tripled my money.
This post was edited on 7/17/26 at 10:32 am
Posted by MikeD
Baton Rouge
Member since Jan 2004
8702 posts
Posted on 7/17/26 at 11:21 am to
quote:

When I told people I was shorting SPCX they all freaked out and said :"Good luck with that, Elon's a super genius with rockets and stuff bro"


I got burned shorting TSLA back in the day. They were basically a government subsidized company that made more money selling EV credits to other companies. But the Elon hype kept it going and he was still the Democrat darling at the time.
Posted by Tiger4life306
Member since Apr 2016
918 posts
Posted on 7/17/26 at 11:50 am to
quote:

while I've tripled my money.


Congrats on your $300 bucks!
Kidding… sort of

I think what’s cringey, somewhat not believable about your post is you waited until SPCX is trading below it’s IPO price before you posted that you bought this inverse leveraged ETF when SPCX was trading at $220.

Was this a one off trade or do you trade like this regularly?

What other bold trades do you currently have you can share with us?
It would be more believable if you made this post when SPCX was trading at/near $220
Posted by KCRoyalBlue
Member since Nov 2020
2327 posts
Posted on 7/17/26 at 2:33 pm to
I don't want to make money off of another person's misfortunes. You're betting against the success of a business. That's trashy.

Sports gambling is different, tho.
Posted by geauxpurple
New Orleans
Member since Jul 2014
18024 posts
Posted on 7/17/26 at 3:47 pm to
quote:

It's all about making money
So is going to Caesar's Palace until the inevitable cold streak comes along.
Posted by DTRooster
Belle River, La
Member since Dec 2013
9149 posts
Posted on 7/17/26 at 4:57 pm to
Buying Puts is doing the same thing with infinitely less risk. With emphasis on the word infinitely
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151878 posts
Posted on 7/17/26 at 5:22 pm to
I’d have shorted this thread on the poly market
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5708 posts
Posted on 7/17/26 at 5:25 pm to
(no message)
This post was edited on 7/18/26 at 2:03 am
Posted by beaverfever
Arkansas
Member since Jan 2008
36398 posts
Posted on 7/17/26 at 6:00 pm to
quote:

Why do people have an aversion to shorting stocks
Most legendary short sellers become former legendary short sellers. I’ll let you solve that one.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41898 posts
Posted on 7/17/26 at 7:19 pm to
I think it’s a lack of understanding

Also it’s going against the idea that you should invest long term
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
2375 posts
Posted on 7/17/26 at 8:20 pm to
Yeah IPOs these days always seem to retreat below the IPO price to something reasonable before taking off again.

Initial investors want to take some profits.

Same thing happened with meta.
Posted by ZZTOP
Member since Jul 2026
147 posts
Posted on 7/28/26 at 8:01 am to
quote:

Via ETF.
Bought SSPC(2X SPCX Short) at $6.10, it's now at $17.56

I tried telling people that the risk with SPCX was being long, not short.



SSPC at $22.82 now.
I've almost quadrupled my money with this 2X SPCX Short ETF.
How long will it take SPCX Longs to quadruple their SPCX returns?
Heck, they will probably be lucky if they ever get back to break even.
Posted by Tiger4life306
Member since Apr 2016
918 posts
Posted on 7/28/26 at 8:11 am to
Do us a favor and let us know the day you sell your SSPC position.

Don’t come in here and say “oh I sold that two weeks ago”

Tell us on the day you sell it
Posted by ZZTOP
Member since Jul 2026
147 posts
Posted on 7/28/26 at 8:19 am to
quote:


Do us a favor and let us know the day you sell your SSPC position.

Don’t come in here and say “oh I sold that two weeks ago”

Tell us on the day you sell it


Will probably sell my seed money (around 27%) today.
That way it's all profit.
If it continues to melt I continue to make a killing.
If for some retarded reason it rallies back to 220 I didn't lose a dime.
Posted by el Gaucho
He/They
Member since Dec 2010
60639 posts
Posted on 7/28/26 at 8:38 am to
quote:

Will probably sell my seed money (around 27%) today. That way it's all profit. If it continues to melt I continue to make a killing. If for some retarded reason it rallies back to 220 I didn't lose a dime.

This is the reason people have an aversion to shorting


You’re bragging about your profit and how you can’t lose etc etc


It’s all very spiritually Israeli and unamerican. Remember what Jesus said about camels and heaven
Posted by BabyTac
Austin, TX
Member since Jun 2008
17374 posts
Posted on 7/28/26 at 8:41 am to
Most people that gamble would rather go to a casino and walk away when they’ve lost their bankroll.
Posted by whodatigahbait
Uptown
Member since Oct 2007
1871 posts
Posted on 7/28/26 at 2:31 pm to
quote:


It's all about making money.
I shorted SPCX when it was 220 using a leveraged short.
I've almost tripled my money.
When I told people I was shorting SPCX they all freaked out and said :"Good luck with that, Elon's a super genius with rockets and stuff bro"


I still can't believe people were actually buying this nonsense when it had a market cap larger than MSFT & AMZN.
A fool and his money are soon parted.



Why did people start threads with questions in them when their real intention was really to just pat themselves on the back?
This post was edited on 7/28/26 at 3:29 pm
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