but also okay isn't it a straightforwardly good idea to *short* gamestop rn or am i missing something? i don't know anything about how this works
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the market can remain irrational longer tha you can remain solvent
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so the issue is that i might get short squeezed? (am i using that term right?)
the issue is that a straight borrowed-equity style short of GME essentially has a limitless loss potential because GME (and any other stock) theoretically has no limit
if you're very bearish GME with a specific time horizon, puts (options) would be the right limited risk play
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however, options have their own formula whereby their value decays for each day closer to expiration (theta) or price move (delta) OR volatility (vega) so puts are INCREDIBLY expensive, even more expensive than GME itself
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but also a matter of how long and how much you're willing to throw into it
ex: is t/esla overvalued? extremely. has it been for a while? for years? absolutely. but if you shorted it a year or two ago you'd be down enormously, and it could take years before it pops
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remember, the market is fake. contrary to the mythology of wall street, nothing traded is real; they are just tokens with almost no relationship to reality, and the """fundamentals""" of a stock make no guarantee as to anything it will do in the future
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