Cool story.
So they buy shares and hedge with shorts, then cover shorts if it drops, or sell shares when it rises, only to have actually made ZERO net profit because one offsets the other, then they get big bonuses for making zero profit. If you’re talking about reducing one of those positions as the trend evolves then it is NO different to just opening that position at that time and didn’t need any of the hedging nonsense.
Thanks for sharing your wisdom mate.
I don’t buy it.
S3 reckons about half of the TSLA shorts are hedged, so that leaves PLENTY who are riding the fear and greed train and losing money hand over fist.
And btw you can remove my name from your little “example” there, as I have PLENTY of stock from single-digit-cents-days pre-consolidation that is doing just fine LT buddy. Nice try though.
Btw we all know how those big funds work - Cramer told the world all about the bs tactics in a YouTube video posted here previously. Just dodgy manipulation with a big $$ lever, nothing more.
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