• 0 Posts
  • 194 Comments
Joined 2 years ago
cake
Cake day: July 8th, 2023

help-circle


  • It absolutely is a gamble, a dangerous gamble. Essentially, when you short a stock, you “borrow” a stock from someone with the promise of giving it back at a certain time. You then sell it, wait for it to drop, then buy it back. You give it back, usually sharing some of the profits you’ve made with the person you’ve borrowed it from.

    The problem with that is that if the stock goes up while you’ve borrowed it, you need to buy it back at the deadline of the deal at the price it happens to be at. Unlike normal stock trading where you can only lose up to the money you’ve invested, there is no limit to how much money you can end up losing shorting stocks if things don’t go the way you expected. This is how the whole GameStop stock shorting debacle happened.




  • DaddleDew@lemmy.worldtoTechnology@lemmy.worldA 'US-Made iPhone' Is Pure Fantasy
    link
    fedilink
    English
    arrow-up
    32
    arrow-down
    2
    ·
    edit-2
    9 days ago

    Only $4000 for the entry model. That’s how much it costs once the tariffs on the semiconductors that you simply cannot produce in the country for at least 10 more years even if you tried has been covered, the salaries high enough to motivate people to willingly work the assembly lines now that immigrant workers are gone, and the markup needed to cover the cost of completely creating an entire supply chain from scratch as well as paying back the insane debt that results from the outrageous high risk investments this would require and that frankly no investor would want to touch with a 10 foot pole.