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submitted 9 months ago by FiftyFiftyOne@50501.chat to c/Mirror@50501.chat

Originally Posted By u/transcendent167 At 2025-04-02 10:54:42 AM | Source


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[-] SunshineJogger@feddit.org 15 points 9 months ago

I think everyone here on lemmy has either never owned tesla stock or sold ot all months ago.

What to do? Short it?

[-] rbn@sopuli.xyz 8 points 9 months ago

I wouldn't recommend any private investors to short anything, especially not out of spite. Shorting means that you borrow shares, immediately sell them and at a defined / later point in time, you have to buy again shares to give them back to the person you borrowed from. And as a stock's value can theoretically grow indefinitely, you can also lose an infinite amount of money and much more than you originally invested.

[-] PrettyFlyForAFatGuy@feddit.uk 10 points 9 months ago

i convinced my dad to sell

[-] Eldritch_Alyx@lemmy.world 3 points 9 months ago

Could he go broke from people driving his stock down?

this post was submitted on 02 Apr 2025
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