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re: DJT is the most expensive stock on the market to short - up to 900% annually
Posted on 4/4/24 at 9:04 am to slackster
Posted on 4/4/24 at 9:04 am to slackster
They talked about this on the All In podcast and how shorting this stock is for lunatics. The people who are going to buy and hold aren't doing it for money, they're doing it with a passion as intense as the WallStreetBets apes with GME.
Yes it's wildly overvalued but anyone trying to short is going to pay out the arse and the Trump crowd would gladly hold on to a goofy stock to see that happen.
Yes it's wildly overvalued but anyone trying to short is going to pay out the arse and the Trump crowd would gladly hold on to a goofy stock to see that happen.
1
Posted on 4/4/24 at 9:10 am to Thundercles
It's a meme stock with absolutely nothing to support its current value...which makes shorting it risky...like GME. The question is how long will boomers (and sadly gen xers) actually hodl. They're not unemployed zennials with covid bucks.
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