jeffw@lemmy.worldM to News@lemmy.world · 9 days agoGameStop’s CEO celebrated Trump’s victory and stock has been climbing ever sincewww.independent.co.ukexternal-linkmessage-square17fedilinkarrow-up196arrow-down112
arrow-up184arrow-down1external-linkGameStop’s CEO celebrated Trump’s victory and stock has been climbing ever sincewww.independent.co.ukjeffw@lemmy.worldM to News@lemmy.world · 9 days agomessage-square17fedilink
minus-squarecobysev@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down1·9 days agoOkay, now can we short sell GameStop stocks and bankrupt them? /s
minus-squareneanderthal@lemmy.worldlinkfedilinkarrow-up12·9 days agoNEVER SELL SHORT! NEVER SELL NAKED CALLS! They have limited up side and infinite down side. If you want to bet against a stock, buy PUT options. If you don’t think it will go up, sell covered calls.
minus-squareTylerdurdon@lemmy.worldlinkfedilinkarrow-up10·9 days agoI was kind of wondering the same. They don’t seem to understand their customer base or the group that saved their butts at all.
minus-squareIchNichtenLichten@lemmy.worldlinkfedilinkEnglisharrow-up5·9 days agoYou could, but they have over $4 billion in cash just sitting around.
Okay, now can we short sell GameStop stocks and bankrupt them? /s
NEVER SELL SHORT! NEVER SELL NAKED CALLS!
They have limited up side and infinite down side. If you want to bet against a stock, buy PUT options. If you don’t think it will go up, sell covered calls.
I was kind of wondering the same. They don’t seem to understand their customer base or the group that saved their butts at all.
You could, but they have over $4 billion in cash just sitting around.