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re: Why do people have an aversion to shorting stocks ?
Posted on 7/17/26 at 8:59 am to ZZTOP
Posted on 7/17/26 at 8:59 am to ZZTOP
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 on 7/17/26 at 9:19 am to ZZTOP
“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.
No one said it changed the fact you made money. But you didn’t short any stock. You bought an inverse ETF.
Posted on 7/17/26 at 9:57 am to TX_Tiger23
doesn't know the difference in shorting a stock vs inverse ETF, but it was totally logic and not luck
Posted on 7/17/26 at 10:21 am to DawgCountry
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 on 7/17/26 at 11:21 am to ZZTOP
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 on 7/17/26 at 11:50 am to ZZTOP
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 on 7/17/26 at 2:33 pm to ZZTOP
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.
Sports gambling is different, tho.
Posted on 7/17/26 at 3:47 pm to ZZTOP
quote:So is going to Caesar's Palace until the inevitable cold streak comes along.
It's all about making money
Posted on 7/17/26 at 4:57 pm to ZZTOP
Buying Puts is doing the same thing with infinitely less risk. With emphasis on the word infinitely
Posted on 7/17/26 at 5:22 pm to ZZTOP
I’d have shorted this thread on the poly market
Posted on 7/17/26 at 5:25 pm to TX_Tiger23
quote:
That’s great for you but you didn’t short SPCX. You speculated with an inverse ETF. It’s not the same. It’s not relevant to SPCX but if you short a stock with a dividend you actually have to pay the dividend to the other investors. Shorting is a whole different ball game than speculating with inverse ETFs.
I agree with this sentiment wholeheartedly.
I get irrationally angry every time I hear someone say they intend to short a stock they don’t like. When asked for their gameplan they ignore you, or they reference a Yieldmax fund.
This post was edited on 7/17/26 at 5:29 pm
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