38 Supposedly, these are the assets to be acquired by Bill Gates' wife. Can't say I've heard of many of these companies. (archive.is) posted 3 years ago by TheImpossible1 3 years ago by TheImpossible1 +38 / -0 14 comments share 14 comments share save hide report block hide replies
According to Business Insider, Melinda Gates now owns nearly half of the float of Grupo Televisa (TV)
I'd be selling that stock if I owned it.
You know you can short it, right?
(But be careful with that. As much as I don't like your opinions, I don't want to see you ruined financially.)
I could, yes. It'd probably work, the price spiked fairly recently and spikes are usually followed by a correction.
I won't though, just because I remember when I shorted AZN on the vaccine safety worries and it inexplicably rose in price.
People suddenly become rational when there is money on the line, and making mistakes has costs.
The market can stay irrational longer than you can stay solvent.
For example : The UK stated the AstraZeneca vaccine was unsafe for under 40s today. Their stock price still rose by 0.6% and 0.5% on the US listing.