← Back to dashboard
Share
1100%
r/wallstreetbets
Short Position on SpaceX
Investor summaryBearish
Author plans to short SpaceX in a few months, citing low revenue and overvaluation, while asking about others' largest short positions.
Bear points
- Revenue is considered horribly small.
- Company is perceived as grossly overvalued.
SPCX逼空 / Meme
Post body
Hey All—
I am thinking about opening a $5 million short position on SpaceX in about 3 or 4 months from now.
Obviously, the company has horribly small revenue, and is grossly over valued.
I believe we need to get the stock market and investing back to being based on fundamentals, or we will end up destroying the market and the global economy.
Thankfully, I’ve got a decent sized portfolio (tens of millions of $). So, I can afford to short SpaceX and wait for the stock to dip.
What is the largest short position you’ve ever held?
Discussion · top comments
No comment snapshot fetched for this post yet.