Trillions of dollars wiped from stock markets..

[Deleted member 317777]

Yeah, no, that's not how it works.

Think of the stock market like house prices. Your house is worth only as much as someone is willing to pay for it.

The mind boggles at the above post.

People make a living shorting stocks.

Maybe stick to IT.

 

[IT Minion]

What’s not true ?

You obviously don’t understand how it works.

If trader puts a large short position on a stock it will go down, they make money.

So out of trillions “lost” how much of it went to short position traders ?

Let me know if I can clear anything else up for you

How Did George Soros Break the Bank of England?

George Soros pocketed $1 billion by betting against the British pound in 1992, cementing his reputation as the premier currency speculator in the world.

www.investopedia.com

You’ll be familiar with the above

You should read the post again because you have failed to understand it.

If you short a stock and it goes up then there is no theoretical limit to your losses. If the stock goes to zero you get the full value of that drop, but it's limited. Shorting stocks is seen as high risk for a reason.

 

[Wayners]

It's happened before.

The Smoot-Hawley Tariff Act of 1930 increased import tariffs by about 20%, kicking off a global trade war that contributed to the Great Depression's ill effects
History repeats

 

[Deleted member 317777]

Shorting stocks is seen as high risk for a reason.

No it’s a billion pound business.

Short a stock with enough money and it goes down, fast.

Maybe read the article and enlighten yourself.

I’m not talking about a cheeky £200 on a stock.

 

[denso13]

if trader puts a large short position on a stock it will go down,

No, it could go up.

 

[Deleted member 317777]

No, it could go up.

Yes it could, but the people putting billions on tend to know what they are doing.

They can “move” the market.

Like George did. And others before and after.

Airline stock was shorted before 9/11

 

[Deleted member 317777]

No, it could go up.

Yes it could.

The people making billion pound shorts tend to know how it’s going to play out.

Anyone near Trump would have known the market would take a dip.

A bit like George and the British pound.

 

[Notch7]

Anyone near Trump would have known the market would take a dip.

Nwgs admits that his hero twump is tanking the USA economy.

But like a good little serf he still backs the orange moron.

 

[IT Minion]

Yes it could, but the people putting billions on tend to know what they are doing.

They can “move” the market.

Like George did. And others before and after.

Airline stock was shorted before 9/11

Of course, it's all a conspiracy isn't it.

 

[fillyboy]

Yes it could, but the people putting billions on tend to know what they are doing.

They can “move” the market.

Like George did. And others before and after.

Airline stock was shorted before 9/11

One of the famous ones I'd heard about was VW. There needs to be stock available to 'buy back' the short position, otherwise it becomes a 'blind short'. If the price keeps going up and there's no stock, the shorters are unable to close their positions so the price keeps going up. Porsche were partly behind the VW short to undermine them and pick up cheap shares. I'm not sure but I think the situation was only remedied when VW agreed to freeze the price and maybe even issue shares to allow people to unwind their positions. It was big news at the time.

Edited to add a link. https://www.puprime.com/volkswagen-short-squeeze/

 

[MNW67]

One of the famous ones I'd heard about was VW. There needs to be stock available to 'buy back' the short position, otherwise it becomes a 'blind short'. If the price keeps going up and there's no stock, the shorters are unable to close their positions so the price keeps going up. Porsche were partly behind the VW short to undermine them and pick up cheap shares. I'm not sure but I think the situation was only remedied when VW agreed to freeze the price and maybe even issue shares to allow people to unwind their positions. It was big news at the time.

I remember that, although not the details. For a time, Porsche became the world's highest valued company on paper.

 

[Notch7]

Airline stock was shorted before 9/11

Conspiracy theory

Were Stocks of Airlines Suspiciously Shorted Just Before 9/11?

were the stocks of various airlines shorted just before 9/11?

www.snopes.com

 

[fillyboy]

I remember that, although not the details. For a time, Porsche became the world's highest valued company on paper.

Just added a link.

 

[Deleted member 317777]

Of course, it's all a conspiracy isn't it.

You work hard to look daft, I’ll give you that.

 

[Deleted member 317777]

One of the famous ones I'd heard about was VW. There needs to be stock available to 'buy back' the short position, otherwise it becomes a 'blind short'. If the price keeps going up and there's no stock, the shorters are unable to close their positions so the price keeps going up. Porsche were partly behind the VW short to undermine them and pick up cheap shares. I'm not sure but I think the situation was only remedied when VW agreed to freeze the price and maybe even issue shares to allow people to unwind their positions. It was big news at the time.

Edited to add a link. https://www.puprime.com/volkswagen-short-squeeze/

Yeah I remember that one.

It’s funny how people won’t read the George Soro’s article.

Because it goes to show how a short works….