Comment by dietr1ch
1 day ago
People think that shorting is an easy way of getting rich when you think a stock will go down, but even if you know it will, getting the timing wrong on it is catastrophic as you'll get unbounded loses while the market fails to correct the issues you are betting against
As the saying goes...the market can remain irrational longer than you can remain solvent.
"I may have been early, but I am not wrong!"
"It's the same thing, Michael! It's the same thing!"
People who talk shit about stocks are talking shit about stocks at a particular time.
"Oh no, when you apply scrutiny to my bullshit I get punished! That means the game is wrong!"
OP is blatantly overconfident on his "prediction", so I called him out. Looks like I struck a nerve with some people.