Mixed feelings about this as someone with a relatively (per my portfolio) huge investment in Intel. It would result, eventually, in the end of Intel. But so many dumb people with so much money keep throwing money at his crap companies so it might work out in the short term to get out with a profit.
I think the point is the stock would actually go up if Musk buys it because people think he’s a great businessman, despite all the evidence to the country. So no need to short it, just sell at the peak and duck out before he manages to crash and burn. Again.
Mixed feelings about this as someone with a relatively (per my portfolio) huge investment in Intel. It would result, eventually, in the end of Intel. But so many dumb people with so much money keep throwing money at his crap companies so it might work out in the short term to get out with a profit.
Youre going to short it?
I think the point is the stock would actually go up if Musk buys it because people think he’s a great businessman, despite all the evidence to the country. So no need to short it, just sell at the peak and duck out before he manages to crash and burn. Again.
Reads more like the investment tanked and he’s hoping for a recovery.
Shorting sounds nice though, long term.