I’m actually very happy that we work management won’t make any ipo money from their fraud business. But I see your point
you can only make 2x return off a short. hardly a fortune. unless you keep shorting fast enough.
Or I could buy put options. Who cares? Either way it would have been free money.
You realize the put seller isn’t an idiot right? It’s going to be priced in
No. Sounds about right.
Short interest would be insanely high and you could get burnt from a short squeeze. It’s not as easy as hurr durr short bad company, look at Uber and Lyft etc
Are you an idiot? What do you mean look at Uber and Lyft? I made money shorting both of those 😂
Look at the first 3 months, the stock barely moved, you’d be paying a lot in short interest there
Of course but but consider yourself lucky, you clearly dont know how shorts work.
Am I the only one that never heard of this fkin company until it blew up
I still am reeling from what happened. Seriously, what a clusterfuck