So sounds like this will be a great short candidate after the index re-weighting.

bagacrap 9 hours ago | parent | next [-]

What, QQQ or SpaceX?

Either way, no, high frequency trading firms are going to beat you to the punch. And shorting elons other company, just because it's over valued by traditional metrics, didn't work out that great for most traders.

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dweez 9 hours ago | parent [-]

This is a slightly tongue-in-cheek way of saying that if you believe a security is severely mispriced then there is a straightforward way to express that opinion.

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bagacrap 9 hours ago | parent [-]

Shorting is really not that straightforward. It is a avery advanced topic because it mandates the use of leverage. Many (most) investors are long-only, especially the ones being taken advantage of here.

	▲	Retric 7 hours ago \| parent \| next [-]
		> especially the ones being taken advantage of here. This is a great argument why buying an index is a poor choice for a long term investor. You can avoid a great deal of shenanigans by randomly purchasing stocks and holding them for 50 years. Even a 0.02% annual fee costs you 1% of your long term returns over that timescale. But there’s tradeoffs to everything.
	▲	mlrtime 2 hours ago \| parent \| prev [-]
		https://www.proshares.com/our-etfs/leveraged-and-inverse/psq This is not financial advise.

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cmcaleer 7 hours ago | parent | prev [-]

Tesla has been this for a long time since the price fundamentally does not reflect the quality or future of the company, yet the road is littered with dead Tesla bears.

Efficient markets hypothesis breaks down with Musk companies.