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    Paul Cantrell (inthehands@hachyderm.io)'s status on Friday, 21-Mar-2025 02:52:18 JSTPaul CantrellPaul Cantrell
    in reply to

    In my ignorance, it seems like a large number of people buying a small amounts of these inverse ETFs really could make a difference.

    The inverse ETFs •do• actually drive down the stock price, AIUI: more shares of the inverse ETFs → more Tesla stock shorted → price of Tesla driven down. That directly takes money from Musk’s pockets. And it makes Tesla stock riskier and risker for the big funds who’ve been buying it as a supposedly safe bet.

    12/

    In conversationabout 2 months ago from hachyderm.iopermalink
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