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@sheetzoos@lemmy.world

2026-10-23 04:28 UTC

In the first month, it was possible to make quite a bit of money shorting SPCX. It’s a fair play if you want to buy and hold it, but I’d much prefer to short a stock like SPCX for a multitude of reasons. Though I respect anyone with the conviction to put their money where their mouth is.

Replies (1)

  • @cardfire@sh.itjust.works 2026-10-23 05:47

    Thank you! I’m quite proud of holding to my convictions, to the degree that I divested from every ETF in my retirement portfolio which was obligated to load up on the spacegrift stock, and to minimize my exposure in my taxable holdings wherever I could afford to. I want to make sure that I don’t grow my wealth in a sleazy way.

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