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Just let it burn down at this point. Shorting this stock is going to be easy easy money
Remember kids, "the market can remain irrational longer than you can remain solvent".
Counter-point: just do it, pussy, you'll be fiiiiine!
r/wallstreetbets has entered the fediverse
I am not a broker, this is not financial advice, don’t sue me if this doesn’t work, etc
Was thinking the same thing earlier.
But basically, you're guaranteed to double your money. You literally can't lose.
Yeah, no it literally can't go tits up can it?
Can you short an IPO?
If you’re a mere mortal you have to wait for your broker to have a sufficient number of shares available for shorting. If you’re a giant hedge fund or other financial entity with a blatant disregard for the rules, then sure. You just short the stocks naked and issue a failure to deliver if you can’t locate enough shares to cover.