04-17-2021, 04:24 AM
(04-16-2021, 10:43 PM)vbin Wrote: Someone I know lost money shorting tesla this year but guess what they made more money than that shorting arkk.Let the market pull back only 20% and the shorts will be ruthless. So many MOMO stocks have the potential to pull back 75%. Look how easily stocks like ENPH and PLTR pulled back 40%. These are the ones people think have a strong future. It will be ugly for the hype stories. Some of the reopening stocks will eventually be crushed if our economy fails to be strong for years. The market will sort out the weak ones eventually. I still think it is a ways off but some of the hedge funds will finally have their year.
Bought sunrun put.