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by nxm 12 days ago
So I presume you made a lot of money shorting the stock if you were so confident?
5 comments

Why would anyone want to risk any money going any way with these stocks?

Tesla isn’t behaving rationally, there is no way to tell whether SpaceX will behave rationally or not.

It seems like it’s becoming somewhat more rational, but all these stocks just seem to be incomprehensible to me.

The market can stay irrational longer than you can stay solvent
I can hold a strong opinion on this matter without risking any of my own money.

I own no Musk stock and never short anything.

I don’t think that affects the opinion I stated in any way.

Well I sure did. Not sure why you are writing this as a "gotcha". Buying puts is not some insane play. I gained about 85%.
“The world can remain irrational longer than you can remain liquid.”