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re: RED! GREEN!! RED! GREEN!!

Posted by ZZTOP on 7/17/26 at 7:45 am to
quote:

Please God, not another bloodbath today.

Maybe Trump will suspend bombing or reduce a tariff to help us out.


I'm expecting an early afternoon "Great News" tweet to stop the bleeding.
The question is at what point does the market stop reacting to said tweets
quote:

good call if you actually did go short at the top but here’s a little secret…you got lucky. Congrats


It wasn't luck, it was logic.
At one point it had the 3rd or 4th largest market cap in the world. :lol:

That being said, there's always risk in underestimating the stupidity of the general public & the ability for a stock to remain illogical
quote:


That’s great for you but you didn’t short SPCX. You speculated with an inverse ETF. It’s not the same. It’s not relevant to SPCX but if you short a stock with a dividend you actually have to pay the dividend to the other investors. Shorting is a whole different ball game than speculating with inverse ETFs.

Whatever.

Doesn't change the fact that I've tripled my money in a few weeks by "speculating" that SPCX was ridiculously overpriced and about to crash.

FYI, All investing is speculating, long & short.


quote:


So did you short it or did you use a leveraged inverse ETF? Those are two different things.


Via ETF.
Bought SSPC(2X SPCX Short) at $6.10, it's now at $17.56

I tried telling people that the risk with SPCX was being long, not short.
quote:

Well, don't break the law I guess


It's amazing that there are people as dumb as you actually walking around.

You probably think James Madison introduced the 4th Amendment to protect criminals.
It's all about making money.
I shorted SPCX when it was 220 using a leveraged short.
I've almost tripled my money.
When I told people I was shorting SPCX they all freaked out and said :"Good luck with that, Elon's a super genius with rockets and stuff bro"
:lol:

I still can't believe people were actually buying this nonsense when it had a market cap larger than MSFT & AMZN.
A fool and his money are soon parted.

re: Anybody recognize this guy?

Posted by ZZTOP on 7/16/26 at 7:44 am to
Vito from The Sopranos