• @tylerkdurdan
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    27 months ago

    won’t come back to earth? it’s trading at 22.93 at this moment and was around 60 at the beginning of April…seems like it deorbited fairly fast to me

    • @[email protected]
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      7 months ago

      Yeah but to make any real money on a short position taken prior to listing, the stock would have to drop well below that $17 price. Will that happen? Maybe. But I personally wouldn’t bank on it. My bet is that pre-listing price will be a bit of a floor since so many retail meme stock types got in on that price pre-merger and won’t want to get out.

      • @tylerkdurdan
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        27 months ago

        oh man, I respectfully disagree. I think they will add more stock further diluting the price and it will crater. that’s why puts are so expensive right now