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keithbvadu2

(39,137 posts)

55. Shorting a stock to make money from the downside.

Sun Apr 14, 2024, 01:54 PM

Apr 2024

Shorting a stock to make money from the downside.

When Valujet hit the swamp, so many people shorted the stock that it went up in price because so many people had to cover and there was now a shortage of stock available to cover.

They had to buy so much stock that it was a seller's market for a short while.

https://www.nytimes.com/1996/07/05/business/market-place-valujet-stock-short-sellers-nightmare.html

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Highlight:

Oh, Look! It's A MAGAmerican Who Put All Of His Savings Into Trump's Shitty Media Stock - He Wants To Buy More [View all] hatrack Apr 2024 OP

Stupidity often comes at a price Mysterian Apr 2024 #1

A Perfect Example Of This Saying smb Apr 2024 #68

And Steve Bannon laughed and laughed lame54 Apr 2024 #2

All the way COL Mustard Apr 2024 #37

I give my politician my vote Marthe48 Apr 2024 #3

He should borrow more money and increase his stake in DJT dalton99a Apr 2024 #4

Give MORE durablend Apr 2024 #5

I remember Badfinger singing about a fool and his money. Chainfire Apr 2024 #6

Meanwhile, this guy is 71 years old PatSeg Apr 2024 #31

I thought the same thing (re: blame Biden). pandr32 Apr 2024 #44

Oh, I am sure there are some who did wake up PatSeg Apr 2024 #53

71 Years Old And His Entire Nest Egg Is About $25,000 smb Apr 2024 #63

Yeah, you're probably right PatSeg Apr 2024 #65

Looked At The Article Again And Spotted This Comment smb Apr 2024 #67

Hey, at least he's consistent! PatSeg Apr 2024 #70

A lot of people who are 71 don't have two nickles to rub together until the SS hits the bank account. Chainfire Apr 2024 #66

In their dreams of course PatSeg Apr 2024 #72

Just like his previous stock, TRMP, went to zero... calguy Apr 2024 #7

Is He "Renting" His Shares For Short Sellers? modrepub Apr 2024 #8

I think they are trying to... Hugin Apr 2024 #14

Thanks for The Information modrepub Apr 2024 #19

Trump tends to attract people like that PatSeg Apr 2024 #32

It can be lucrative but many are purposely witholding Bernardo de La Paz Apr 2024 #27

Yes, that makes sense PatSeg Apr 2024 #33

WTF? It's gotta be more than being dumber than a rock. This guy tossed his common sense out the window. Joinfortmill Apr 2024 #9

Buying at the peak wasn't terribly bright. TwilightZone Apr 2024 #10

At this point it seems likely that Jerry2144 Apr 2024 #11

He's actually right maxrandb Apr 2024 #12

He needs to consult with a physicist or a librarian... Hugin Apr 2024 #16

Meh. I watched friends try to get rich in the stock market in the 80's. Arthur_Frain Apr 2024 #18

That subreddit is still active TexasBushwhacker Apr 2024 #22

Years ago PatSeg Apr 2024 #35

There was a self-professed... Hugin Apr 2024 #42

That's brilliant! PatSeg Apr 2024 #51

To their credit... Hugin Apr 2024 #57

Yes, at least they were consistent PatSeg Apr 2024 #59

Buy quality stock COL Mustard Apr 2024 #39

Research helps too... Hugin Apr 2024 #58

Explode? ShazzieB Apr 2024 #26

...and the shards will be priceless! dchill Apr 2024 #43

Explode/Implode ProfessorGAC Apr 2024 #46

It's Going To "Explode" Like One Of Wile E. Coyote's ACME Gadgets nt smb Apr 2024 #64

Every thing Rebl2 Apr 2024 #13

This could have been from The Onion. Ocelot II Apr 2024 #15

Comment beneath the article, "Wow. It's the deep state. It's the libs. It's the Jews. It's the gays. shrike3 Apr 2024 #17

The fundamental of the stock support a much lower price Johonny Apr 2024 #20

I would laugh at these fools but they probably have families who will be harmed by this blind loyalty and stupidity. LonePirate Apr 2024 #21

IDK they could try an intervention or something? durablend Apr 2024 #52

"I have no doubt it's going to explode sometime." catbyte Apr 2024 #23

Well, at least he's got Social Security COL Mustard Apr 2024 #40

Dumb Aviation Pro Apr 2024 #24

When u step in front of a moving bus u have to expect pain is coming. NoMoreRepugs Apr 2024 #25

Once Trump loses in November this stock is going to zero. erodriguez Apr 2024 #28

the next opportunity for a short squeeze will be the GOP convention... sell then. WarGamer Apr 2024 #29

Yes, for anyone who saw the movie Dumb Money last year FakeNoose Apr 2024 #45

everything that touches trump for any period of time is destroyed samsingh Apr 2024 #30

I can't help but think that... skypilot Apr 2024 #34

He's gonna lose his nest egg, tanyev Apr 2024 #36

There was a scam investment group visiting local churches looking for "investors". Midnight Writer Apr 2024 #38

I've seen this behavior before. I was a stockbroker, I saw people would Chase after a losing stock all the time... ashredux Apr 2024 #41

Well, congratulations, dude. calimary Apr 2024 #47

And when it tanks, they'll blame Democrats. progressoid Apr 2024 #48

These are the same idiots who put their money into that Iraqi dinar scam... keep_left Apr 2024 #49

What's a billion times zero? Kid Berwyn Apr 2024 #50

Putting money into Trump was the best investment Vlad ever made.... Fantastic return on investment. keithbvadu2 Apr 2024 #54

Shorting a stock to make money from the downside. keithbvadu2 Apr 2024 #55

Money and a fool quickly part ways struggle4progress Apr 2024 #56

Can't fix stupid. Traurigkeit Apr 2024 #60

TFG supporters who buy this stock are idiots/greater fools LetMyPeopleVote Apr 2024 #61

"It's got to be political, from all the liberals that are trying to knock it down." Bundbuster Apr 2024 #62

This stock is a meme stock that has no value in the real world LetMyPeopleVote Apr 2024 #69

I'm glad they lost money and I hope they lose more Takket Apr 2024 #71