Home › Forums › Financial Markets/Economics › Shorting SNAP › Woohoo, my short position in
Woohoo, my short position in Snap is finally in the black. Still above my initial short, but I shorted more 15-17 so in the black overall.
My UBER short has been profitable from the get go.
Also opened shorts in LYFT and PTON and MGI in the past week.
To offset these shorts, I purchased some Vanguard ETFs so I am protected if my shorts go up as part of a broad bull market.
For each company and read the annual report and analyst opinions, as well as most recent 10-Q. All are scary unprofitable.