Comment on Reddit chooses New York Stock Exchange for long-stalled IPO

alphacyberranger@lemmy.world ⁨1⁩ ⁨year⁩ ago

• bionicjoey@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  Shorting is very risky and shouldn’t be done solely because you don’t like a company. Spez isn’t going to care that you shorted his stock when you get margin called.

  If you are bearish on Reddit at least do something with a risk floor like selling ITM Covered Calls. Not financial advice, just my 2c.

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• Radicaldog@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Kinda crap advice for novices, as shorting means uncapped losses if you’re wrong. You’d have to be very confident other people are making a mistake, as other investors may not worry that power users no longer like Reddit, and stock could still go up.

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• PatFussy@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Lemmy not being able to Garner more members is an indication that a reddit is only growing. I would happily sell you short positions

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  • c0c0c0@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You don’t think that Lemmy and Reddit can both fail to meet expectations?

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