Stock Moe: Shorting SpaceX
"I'm looking on July 2nd to take a short position on this play. I might be wrong. But I believe I won't be wrong. After July 2nd, um all the buying, the forced buying from the ETFs is over. And the institutions who acquired their shares going into that day, they have sold to the ETFs."
ℹ️ In shortStock Moe plans to short SpaceX shares on July 2nd, anticipating a price drop after forced ETF buying ends.
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Full disclaimer… go in the space and mine, but I'm going to guess it's going to be a massive amount of money. So, get ready, folks. Your kids may be mining on an asteroid before you know it uh in 20 years. And I'm not even joking about that. I'm not even joking about that. Now, the issue. Let's go ahead and see I told you I'd explain to you what I was going to do. I'm looking on July 2nd to take a short position on this play. I might be wrong. But I believe I won't be wrong. After July 2nd, um all the buying, the forced buying from the ETFs is over. And the institutions who acquired their shares going into that day, they have sold to the ETFs. Now, the biggest upfront buying from the ETFs is done. The but going into the 6th on, they you'll still have a little bit of buying from it. So, you get a little bit of forced buying, nothing like you did on that day one. But with that forced buying, that big massive initial buy, once that's done, the demand dries up huge amount of dry up. And the …
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