this post was submitted on 04 Feb 2024
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Technology
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And as always, remember to short it.
Shorting is very risky and shouldn't be done solely because you don't like a company. Spez isn't going to care that you shorted his stock when you get margin called.
If you are bearish on Reddit at least do something with a risk floor like selling ITM Covered Calls. Not financial advice, just my 2c.
Kinda crap advice for novices, as shorting means uncapped losses if you're wrong. You'd have to be very confident other people are making a mistake, as other investors may not worry that power users no longer like Reddit, and stock could still go up.
Lemmy not being able to Garner more members is an indication that a reddit is only growing. I would happily sell you short positions
You don't think that Lemmy and Reddit can both fail to meet expectations?