That was my point, if someone thinks that Meta is overvalued, they can put their money where their mouth is. The fact that the share price hasn’t cratered is a kind of collective belief in the opposite.
Edgy prediction: Meta is irrelevant and on a path to even further irrelevancy, and, fingers crossed, a bankruptcy or at least Zuck being removed as the main man
I can't/won't short the stock because shorting usually is for 14 days etc. and I can't be certain in that timeframe about meta or any company
I mean, theoretically you could short a company for a really long time it seems like, I just searched, I always assumed it to usually be of 14 days but still.
The market can stay irrational for longer than you can stay solvent.
That was my point, if someone thinks that Meta is overvalued, they can put their money where their mouth is. The fact that the share price hasn’t cratered is a kind of collective belief in the opposite.
Edgy prediction: Meta is irrelevant and on a path to even further irrelevancy, and, fingers crossed, a bankruptcy or at least Zuck being removed as the main man
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I can't/won't short the stock because shorting usually is for 14 days etc. and I can't be certain in that timeframe about meta or any company
I mean, theoretically you could short a company for a really long time it seems like, I just searched, I always assumed it to usually be of 14 days but still.
1 reply →