Hello Kids! Today's word is "Short sellers"
Legend has it Short sellers live with Sant Claus, Easter bunny, & the tooth fairy. But really they just are a figment of our imagination. All the short sellers got destroyed a long time ago. People say they are short sellers so they can pretend to be smart & sophisticated. Short sellers are just another type of degenerate gamblers.
Legend says the Short sellers will return, but that's just a lie when the Fed does QE infinity to keep zombies companies alive.
Legend has it Short sellers live with Sant Claus, Easter bunny, & the tooth fairy. But really they just are a figment of our imagination. All the short sellers got destroyed a long time ago. People say they are short sellers so they can pretend to be smart & sophisticated. Short sellers are just another type of degenerate gamblers.
Legend says the Short sellers will return, but that's just a lie when the Fed does QE infinity to keep zombies companies alive.
@ArmchairEconomist01 Shorts are funny, especially when they think they're clever.
Choosing to limit your upside to a double while accepting theoretically infinite risk.
Wow, yeah. What geniuses!
🤣
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@one_percent @ArmchairEconomist01
The trick is to register as a corporation so the corporation receives infinite debt and you get to keep your money
Personally I think it should be illegal to short sell stock
A lot of what wall street does should be illegal.
Stock options should be illegal.
It's shareholder theft.