There's no reason you couldn't legally "short" a car though, or anything else. In fact it kind of happens all the time, when you order something to be delivered at a later date.
You can buy put options, in which you're only risking the premium on the option itself. Though I don't use etrade so idk if they allow you to trade options
Might I ask what motivated you to take the leap of faith with Petrobrás? Was it the change of administration in the Brazilian government? I mean, Petrobrás' management did improve leaps and bounds and it's no longer a Soviet 100% controlled by the Labor Party's appointees, but it's never gonna be a serious competitive company while it's still mostly owned by the Brazilian state.
Thank you for the detailed answer. I don't know shit about the stock market though. It's just that Petrobrás' situation has been a hotly debated issue in Brazil for the last few years (and one directly tied to politics). I was just surprised to see a foreigner completely disconnected from local politics investing in it (even though I know there are countless foreign shareholders). Pretty to see you talk about this subject too, you seem like you know your shit.
We like the stock!
Well the market does tend to bounce back. But I also wouldn’t suggest you put in money you aren’t fine with losing either
I think we need to create our own hedge funds to prop up businesses that support us.
There's no reason you couldn't legally "short" a car though, or anything else. In fact it kind of happens all the time, when you order something to be delivered at a later date.
You can buy put options, in which you're only risking the premium on the option itself. Though I don't use etrade so idk if they allow you to trade options
Might I ask what motivated you to take the leap of faith with Petrobrás? Was it the change of administration in the Brazilian government? I mean, Petrobrás' management did improve leaps and bounds and it's no longer a Soviet 100% controlled by the Labor Party's appointees, but it's never gonna be a serious competitive company while it's still mostly owned by the Brazilian state.
Thank you for the detailed answer. I don't know shit about the stock market though. It's just that Petrobrás' situation has been a hotly debated issue in Brazil for the last few years (and one directly tied to politics). I was just surprised to see a foreigner completely disconnected from local politics investing in it (even though I know there are countless foreign shareholders). Pretty to see you talk about this subject too, you seem like you know your shit.