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2,958.8 standard & poor's 500

BBUS, page-9220

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Anonandon

3,299 Posts.

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09/09/20

15:22

Post #: 47210062
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Originally posted by jberry55: ↑

I also bought BBUS instead of afterpay, and shorted afterpay (just a few hundred dollars) to test out options. They flopped of course.
They say the markets can stay irrational longer than you can stay solvent, I guess they're right. However I did short afterpay when it was at 90 recently and I've made gains there now.

it's a very tough game because you can never underestimate the lengths the Gov will go to prop up asset prices when fundamentally they should crash.

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Brave shorting afterpay when it is impossible to value in the first place. I considered it at around $45 but decided against it. I would have gone broke.

Value at posting: 2,958.8
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