- Joined
- Feb 20, 2017
If he shorted the stock, then he has the intent of buying it again at a lower amount. That's what short position is Patrick. if you want to see what happens when you short a stock, 2008 Volkswagen stock. If Tesla stock drops people will buy it knowing it'll go back up. Happened last time and people like me made a decent profit even with our 25% capital gains tax at the time.View attachment 7012708
Day trader Rick makes an appearance.
This is of course he did a naked short, which is a illegal in America, but he doesn't have to worry about that because he doesn't have money to invest.