Comment

Seth Meyers: Republicans Try to Dismiss Trump's Second Impeachment Trial

94
Wendell Zurkowitz ((slave to the waffle light))1/28/2021 3:35:31 am PST

re: #90 ericblair

One thing that people should understand here, is that shorting stocks has theoretically unlimited downside. If you short stock when the price is $10/share, and it goes up to $100/share, you lose $90/share when you close out and buy the stock. If it goes up to $1000/share, you lose $990/share. If the stock goes to zero, however, you make the maximum of $10/share.

then it starts to make sense to short stocks that are already higher in value than a piddling $10