• School_Lunch@lemmy.world
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    5 months ago

    I don’t know much about investing, but i wonder if it would it be a good time to short those companies?

    • nova_ad_vitum@lemmy.ca
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      5 months ago

      If you don’t know much about investing then you shouldn’t short anything ever. People who know about investing will tell you that even when your logic is 100 percent sound, the market isn’t that predictable and in general the market can stay irrational longer than you can stay solvent.

      • Lifter@discuss.tchncs.de
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        5 months ago

        Plus, the news of this would already be priced into the stock, so if anything the price is already low and these companies would need to pivot their business (which would increase the value again) or die (which would lower the price marginally, to zero). Either way, shorting is a bad strategy in this case.

        • bamboo@lemm.ee
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          5 months ago

          Theoretically, yes. A short is sorta a negative stock. When you hold a normal stock, the price can never go below zero. But when you hold a negative stock, there’s no maximum value that stock could rise to.