Hi,
If in appropriate here, I won't mind if this posting goes wandering to another sub-forum. Just I've seen Munro and two Tesla forums suggesting EVs are inevitable leading to EV makers, especially from China, going to dominate the market.
My experience with 'shorting' are two flavors:
The second group is not one I'm not terribly interested in. Mitt Romney bought an office supply chain and made it into Staples. Not a place I would want to work at because they squeeze the employees.
Regardless, there is a rumor that Ark Invest is setting up a 'short' fund for traditional ICE makers and their OEMs. Borrow stock at a high price and replace later when their business collapses. I just don't like investing in the failure of others as you might get left with a bunch of junk and pissed-off former employees.
Bob Wilson
If in appropriate here, I won't mind if this posting goes wandering to another sub-forum. Just I've seen Munro and two Tesla forums suggesting EVs are inevitable leading to EV makers, especially from China, going to dominate the market.
My experience with 'shorting' are two flavors:
- vulture capitalists - buy the company for a song and sell the assets for salvage and property
- 'resurrectionists' - who think they can turn the company around to profits
The second group is not one I'm not terribly interested in. Mitt Romney bought an office supply chain and made it into Staples. Not a place I would want to work at because they squeeze the employees.
Regardless, there is a rumor that Ark Invest is setting up a 'short' fund for traditional ICE makers and their OEMs. Borrow stock at a high price and replace later when their business collapses. I just don't like investing in the failure of others as you might get left with a bunch of junk and pissed-off former employees.
Bob Wilson