Shorting Pre-Revenue Companies In 2022
Due to the Fed's lax monetary policies, 2020 was the year when basically every stock went up. Stocks of pre-revenue companies shot to the moon in 2020, and then crashed back to earth in 2021, as evidenced in the miracle and then debacle of Cathie Wood's ARKK fund.
The Fed has announced yesterday at the FOMC meeting that they will accelerate tapering and consider three interest rate hikes in 2022, from a rate of 0.08% (right now) to about 1.00%.
Due to increasingly less liquidity in the market throughout 2022, would it be wise to start shorting garbage pre-revenue or negative-revenue companies?
Examples: $FuboTV(FUBO.US$ , $Opendoor Technologies(OPEN.US$ , $Virgin Galactic(SPCE.US$ , $FuelCell Energy(FCEL.US$ , $Uber Technologies(UBER.US$ , $Nikola(NKLA.US$ , $Rivian Automotive(RIVN.US$ $Lucid Group(LCID.US$ etc. I know some of these went down a lot already. I'm asking whether there is a high probability that they will decrease in valuations even more.
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Pollster : I am so tired of hearing cathie wood’s name , she Got lucky in this teCh rally , I am sure there Were many dot com Bubble staRs , but her media management , with Alerts about her every move are AmazIng
Machiavellis3rdEye Pollster: They needed to introduce a few more sheepHerders to tEnd to their their growing flock of ignorance.
Carla LeeOP Pollster: Cathie Wood says stocks have corrected into deep value territory and won't let benchmarks hold our strategies hostage
Winner01 :
DonkeyGenius : U forgot to mention tsla which is extremely overvalued right now