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I'm sorry, I know it's mean and all, but...In reading down his feed, like he said, it's only money!
50% loss...
Remember fellahs, shorting is the inverse of investing. When you invest money long, your downside is 100%, and your upside is the moon... With shorting, your upside is 100%, and your downside is the moon.
Anyone who shorted at bleow $245 now, has a greater than 100% loss if they haven't covered.
People who shorted in the $300-350 range that the stock liked to trade in from 17-19 have lost about half their money.
Even people who shorted at the higher ranges the stock was trading at are looking at ~30% losses now.
I'm going to be able to fund my anti-gravity machine to get around Krugerrend's defenses.
How in the world am I blocked on that one... I never said anything to those people....
Starlink is going to give Elon/SpaceX all of the money they need for Mars. $49 a month times a few million to start. I wish I could invest directly in SpaceX.
If short, and you can't buy to close due to insufficient funds... what happens?
498.27 wow I never expected this close to 500 today.
Can't imagine what Elon's and fellow workers' dance is looking like now.
Concerning on anyone thinking of selling their shares to profit take: Instead, consider buying significantly OTM puts instead. Puts that you expect to lose every dollar on, but offer you a hedge / insurance policy on your shares.
As for how to pay for it, you can pay for it by selling a portion of your shares. Or you can sell a call if you think the max potential to run ahead is limited. Or you could sell a call spread if you think it's not likely to run much further, but if runs dramatically you could still cash out.
Selling shares isn't the only way to reduce your leverage.
I really should get some work done....but...
OK, Unpilot, your first three predictions were the easy ones. Now, the bonus round: what happens to the SP in the next trading days before ER?I really should get some work done....but...
... not so fast there. Apparently there's ants'n'bats in Germany. So that's a haircut... /SWe're going from one auto factory to three
U.S. Department of Transportation Keynote
2:30 PM ET. (In 19 minutes?)
Greg Rogers on Twitter
“
It’s AV policy Christmas!
Transportation Sec. Elaine Chao is releasing the next major federal AV policy document, “AV 4.0”, at 11:30am PT (2:30pm ET) at #CES .
As @davidshepardson wrote, this will provide a unified vision for AVs across 38 agencies.”
My understanding is that it's when they have accumulated 5% of the stock. (Don't worry, it's not me.)
If the stock hadn't been hammered in Early 2019 I'd own 100 shares rather than 600. I appreciate their contributions to my roadster fund.