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I'm just surprised more people didn't do this.
I am in a position where I can invest in the market and have an account at etrade, so I might be able to short stocks? But I don't know how I would go about doing that. I knew from day one this would be a fantastic short opportunity, but I didn't know how to do that so didn't bother.
If you don’t understand how shorting stocks work then don’t do it. Better to just buy a bunch of put options or derivatives that go up in value when the stock drops and have a built in stop loss.
If you short a stock directly the theoretical losses are infinite and the max profit is only the money you received from the short sell.
Unsurprisingly, the put options were crazy expensive at IPO.