I've made tons of profit short

1
Comment
Favorite

I've made tons of profit shorting. but you must be careful not to get liquidated. keep lots of extra cash and maintain healthy margin requirements to prevent liquidation. speaking of which tiger brokers charges around 100% interest on shorts, but they dont even tell us the exact interest rate, it should be clearly shown before shorting.

# Michael Burry Warns of Tech Giants Understating Depreciation Impacting Profits

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":499858133078752,"tweetId":"499858133078752","gmtCreate":1763060659566,"gmtModify":1763060663382,"author":{"id":4142648172044492,"idStr":"4142648172044492","authorId":4142648172044492,"authorIdStr":"4142648172044492","name":"ZhongRenChun","avatar":"https://community-static.tradeup.com/news/626c9b2d6a6580aa7acb2f7bf1552413","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":0,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.12","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":26,"starInvestorFlag":false},"themes":[{"themeId":"000f40d9ea88f118adb49d657effb79c","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Michael Burry Warns of Tech Giants Understating Depreciation Impacting Profits","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":000f40d9ea88f118adb49d657effb79c}&rnconfig={\"headerBarHidden\": true}","description":"Michael Burry, known for predicting the 2008 financial crisis, has raised concerns about major tech companies potentially understating depreciation, leading to inflated profits. He highlighted that extending the useful life of assets could result in a $176 billion profit overstatement. This warning has sparked discussions about the impact on companies like Oracle and Meta. Morgan Stanley and Bank of America have also issued warnings about the potential negative effects of underestimated depreciation on tech giants' profitability.","image":"https://static.tigerbbs.com/6c57dfb94bb7f02099f89a16df09a034"}],"images":[],"coverImages":[],"html":"<html><head></head><body>I've made tons of profit shorting.&nbsp; but you must be careful not to get liquidated.&nbsp; keep lots of extra cash and maintain healthy margin requirements to prevent liquidation. speaking of which tiger brokers charges around 100% interest on shorts, but they dont even tell us the exact interest rate, it should be clearly shown before shorting.</body></html>","htmlText":"<html><head></head><body>I've made tons of profit shorting.&nbsp; but you must be careful not to get liquidated.&nbsp; keep lots of extra cash and maintain healthy margin requirements to prevent liquidation. speaking of which tiger brokers charges around 100% interest on shorts, but they dont even tell us the exact interest rate, it should be clearly shown before shorting.</body></html>","text":"I've made tons of profit shorting. but you must be careful not to get liquidated. keep lots of extra cash and maintain healthy margin requirements to prevent liquidation. speaking of which tiger brokers charges around 100% interest on shorts, but they dont even tell us the exact interest rate, it should be clearly shown before shorting.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/499858133078752","repostId":0,"isVote":1,"tweetType":1,"viewCount":376,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":283,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}