Walk-Ins Welcome with Bridget Phetasy cover image

E218. Michael Shermer On The Truth About Conspiracy Theories

Walk-Ins Welcome with Bridget Phetasy

00:00

Is Shorting Stocks Legitimate?

I think when you talk about things like shorting stocks there's a perverse incentive to see companies fail hmm well Elon was complaining about that right because a lot of people are short stocky and they I haven't followed that this year because Tesla stock has collapsed about 70% in the last nine months. If you were shorts short selling Tesla they probably made a boatload of money it's legal it's only legalYeah it's good for the system I don't know yeah you know it's but that's where I feel like I when I say it feels rigged and why I think something that exposed that was these meme stocks stonks was that they were playing these investors game They were short

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