• sheetzoos@lemmy.world
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    2 days ago

    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.

    • cardfire@sh.itjust.works
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      2 days ago

      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.

      • sheetzoos@lemmy.world
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        14 hours ago

        That’s awesome. I did the same, but the percentage of SPCX in the ETFs I held was super small. Wish I could have had more of an impact.