some_guy@lemmy.sdf.org to Technology@lemmy.world · 3 months agoOpenAI is now valued at $157 billionarstechnica.comexternal-linkmessage-square131fedilinkarrow-up1119arrow-down19file-text
arrow-up1110arrow-down1external-linkOpenAI is now valued at $157 billionarstechnica.comsome_guy@lemmy.sdf.org to Technology@lemmy.world · 3 months agomessage-square131fedilinkfile-text
minus-squareAngry_Autist (he/him)@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoIf I had 10k to leverage I would be shorting the FUCK out of this, it’s a bubble and everyone knows it
minus-squareDragonTypeWyvern@midwest.sociallinkfedilinkEnglisharrow-up1·3 months agoMarket can remain irrational, etc
minus-squareravhall@discuss.onlinelinkfedilinkEnglisharrow-up1·2 months agoYou’ll never have 10k if you keep eating all those avocados.
minus-squarehark@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·3 months agoHow do you short a privately-held company?
minus-squaresomeacnt_@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoI’d say still risky. They might perpetuate the bubble for longer, which means high risk of forced covering at loss.
minus-squaredependencyinjection@discuss.tchncs.delinkfedilinkEnglisharrow-up0arrow-down1·3 months agoEven if you 1000 x your $10k I don’t think you’d have enough to short something valued at $157B, however inflated that valuation might be.
minus-squareAngry_Autist (he/him)@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoA block for you…
minus-squareඞmir@lemmy.mllinkfedilinkEnglisharrow-up0·3 months agoYou can short something without forcing a short squeeze…
minus-squareAngry_Autist (he/him)@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoAnd one for you
If I had 10k to leverage I would be shorting the FUCK out of this, it’s a bubble and everyone knows it
Market can remain irrational, etc
You’ll never have 10k if you keep eating all those avocados.
How do you short a privately-held company?
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I’d say still risky. They might perpetuate the bubble for longer, which means high risk of forced covering at loss.
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Even if you 1000 x your $10k I don’t think you’d have enough to short something valued at $157B, however inflated that valuation might be.
A block for you…
Eh?
You can short something without forcing a short squeeze…
And one for you