I think everyone here on lemmy has either never owned tesla stock or sold ot all months ago.
What to do? Short it?
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I think everyone here on lemmy has either never owned tesla stock or sold ot all months ago.
What to do? Short it?
I wouldn't recommend any private investors to short anything, especially not out of spite. Shorting means that you borrow shares, immediately sell them and at a defined / later point in time, you have to buy again shares to give them back to the person you borrowed from. And as a stock's value can theoretically grow indefinitely, you can also lose an infinite amount of money and much more than you originally invested.
Molotovs wooooooooooo!
i convinced my dad to sell
Could he go broke from people driving his stock down?