Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Marc Faber predicting crashes, disasters, and collapses over the last 13 years.(more…)
The key to this plan was to create a “short squeeze.” For those unacquainted with short-selling, it works like this: in regular stock investing, a person buys a stock at a given price with the hope that the price will rise and, in doing so, generate a profit. Thus the old adage, “Buy low, sell high.”
Conversely, a short-seller seeks to turn this goal on its head: “Sell high, buy low.” The pursuit of profit is the same, but the timing is reversed: a person sells a stock at a price he believes is high and, in the future, he hopes to buy the stock back at a lower price.
There are certain risks to shorting stocks, though, in contrast to standard long positions. If a person buys a stock, that stock is his forever. There is nothing that can be done to take it away, unless the company itself is purchased (which typically involves a premium and is an agreeable outcome to the shareholder in such a case).(more…)