Where to go to short stock? (user search)
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  Where to go to short stock? (search mode)
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Author Topic: Where to go to short stock?  (Read 561 times)
Antonio the Sixth
Antonio V
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Posts: 58,368
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Political Matrix
E: -7.87, S: -3.83

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« on: April 09, 2024, 06:47:06 PM »

Shorting is a bad f**king idea unless you're a professional stock trader and doing your full due diligence and have a lot of money to burn away if things go south. It might be a fun meme until it really, really isn't. I'd try to find a less risky way to own the cons if I were you.
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Antonio the Sixth
Antonio V
Atlas Institution
*****
Posts: 58,368
United States


Political Matrix
E: -7.87, S: -3.83

P P
« Reply #1 on: April 10, 2024, 03:59:41 AM »
« Edited: April 11, 2024, 06:32:17 AM by Antonio the Sixth »

Shorting is a bad f**king idea unless you're a professional stock trader and doing your full due diligence and have a lot of money to burn away if things go south. It might be a fun meme until it really, really isn't. I'd try to find a less risky way to own the cons if I were you.
It's not like I'd be putting in loads of money. Definitely wouldn't do anything higher than $100.

The thing with shorting is it doesn't matter how much you're putting down - your losses are potentially infinite because it involves a promise to buy the stock later at whatever price it might have at the time.

Do I think DJT stocks are gonna go up massively? Probably not, but with the amount of volatility inherent in that kind of "meme stock" I would not risk it.
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Antonio the Sixth
Antonio V
Atlas Institution
*****
Posts: 58,368
United States


Political Matrix
E: -7.87, S: -3.83

P P
« Reply #2 on: April 10, 2024, 01:34:14 PM »

Shorting is a bad f**king idea unless you're a professional stock trader and doing your full due diligence and have a lot of money to burn away if things go south. It might be a fun meme until it really, really isn't. I'd try to find a less risky way to own the cons if I were you.
It's not like I'd be putting in loads of money. Definitely wouldn't do anything higher than $100.

The thing with shorting is it doesn't matter how much you're putting down - your losses are potentially infinite because it involves a promise to buy the stock later at whatever price it might have at the time.

Do I think DJT socks are gonna go up massively? Probably not, but with the amount of volatility inherent in that kind of "meme stock" I would not risk it.

Relatively rare . The broker would require a 100% maintenance margin for this stock to start with and if the stock spikes up as long as it doesn't double which isn't impossible the broker should rebuy the stocks to close out your position. They would still rebuy if it more than doubles within a day you would just have a deficit and I assume they could sue you for the remainder of the cash. In the  end it doesn't matter no broker is letting BRTD have a 100 dollar account for shorting

Fair enough. Still, if things go poorly, you can still be liable for much more than what you originally intended to put in. I wouldn't want to take that risk without serious research.
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