David Einhorn lost a fortune for selling short Tesla from $15B to $1.5B

Discussion in 'Wall St. News' started by HeSaidSheSaid, Nov 16, 2021.

  1. RedSun

    RedSun

    Unfortunately option market is not an efficient way to move the market. The bid/ask spread is so wide. Most of the volumes come from the outright market.
     
    #21     Nov 17, 2021
  2. SunTrader

    SunTrader

    Looked at chart of HLF lately?

    And who knows if not for shorts maybe Enron/Worldcom and many other similar frauds might still be going on.

    Madoff no doubt once said F them all.

    You sometimes are really clueless.
     
    #22     Nov 17, 2021
  3. newwurldmn

    newwurldmn

    they banned short selling because a bear raid on the stock could cause a run on the bank and force a bank failure that may not be warranted.
     
    #23     Nov 17, 2021
  4. ElCubano

    ElCubano

    100% agreed. In todays market you have to be exact on your short. like pin point accuracy.
     
    #24     Nov 17, 2021
  5. taojaxx

    taojaxx

    They make it sound like Einhorn "lost" $13.5 Bn. In fact, his AUM went from $15B to $1.5B as clients took their business elsewhere, not because the value of his investments was cut by $13.5Bn
     
    #25     Nov 17, 2021
    zdreg likes this.
  6. traider

    traider

    JPow is the short killer. These guys can try again to short LCID and RIVN
     
    #26     Nov 17, 2021
  7. zdreg

    zdreg

    You shouldn't care about long term trends if you are a day trader.
     
    #27     Nov 17, 2021
    ChipShotTrader likes this.
  8. SunTrader

    SunTrader

    Yup so many things that youtuber, looking for clicks, got wrong.

    But sheeple eat it up, so he got that right.
     
    #28     Nov 17, 2021
  9. EINHORN IS FINKLE, FINKLE IS EINHORN
     
    #29     Nov 17, 2021
    fan27 and formikatrading like this.
  10. fan27

    fan27

    That is a tasty looking short.
     
    #30     Nov 17, 2021