XSlay4DeathX
said
:
Kiwi Magic said :
Rooh said :
He's set a new world record: First person ever to lose $200 Billion .
Is it possible for Elon Musk to go bankrupt?
Stocks go up and down all the time, "you only lose money if you sell lower than you paid, buy for low, sell for high".
Biggest issue with stocks is many 'normal people' are forced to sell stocks due to needing money hence 'losses'.
As long as Elon holds onto the stocks, he really didn't lose anything, heck since it's low, he should buy more
maybe it was planned.....
Exactly. He didn't effectively lose 200B because shorty before that he gained 120B. Stocks work like that and it's nothing spectacular.
Kiwi Magic said :
Rooh said :
He's set a new world record: First person ever to lose $200 Billion .
Is it possible for Elon Musk to go bankrupt?
Stocks go up and down all the time, "you only lose money if you sell lower than you paid, buy for low, sell for high".
Biggest issue with stocks is many 'normal people' are forced to sell stocks due to needing money hence 'losses'.
As long as Elon holds onto the stocks, he really didn't lose anything, heck since it's low, he should buy more
maybe it was planned.....
Exactly. He didn't effectively lose 200B because shorty before that he gained 120B. Stocks work like that and it's nothing spectacular.
The action or process of causing so much damage to something that it no longer exists or cannot be repaired.
09-Jan-2023 11:29:57
