• Helix 🧬@feddit.org
    link
    fedilink
    English
    arrow-up
    7
    ·
    edit-2
    10 hours ago

    I made 29% within a week shorting SpaceX already, should I hodl or sell my position at some point? Do we think it’ll ever recover?

    • sobchak@programming.dev
      link
      fedilink
      arrow-up
      9
      ·
      10 hours ago

      If it’s like Tesla stock, it will behave completely irrationally. Though, I guess most of the stock market is irrational now.

      • k_rol@lemmy.ca
        link
        fedilink
        arrow-up
        2
        ·
        4 hours ago

        Now? The whole thing has always been based on human feelings, that’s the point. I think you mean it is more volatile now? Or maybe it changes more radically?

    • apotheotic (she/her)@beehaw.org
      link
      fedilink
      English
      arrow-up
      6
      ·
      9 hours ago

      We’re talking about a business led by the richest person in the world who has already made it entirely clear he can buy his way to anything he desires. 30% is a tidy sum, I’d lock it in and call it a day.