RE: Hedge funds losing money short term ?.25 Aug 2023 12:00
They're betting against an exploding market area.... Check out how online is forecast to grow....
I always laugh when people believe short seller's have more information... You believe they have more information than the chairman's son in this instance?!
They only get it right until they get it wrong... And when it goes wrong it can go very bad for them.... Unlimited.
As far as I'm aware short selling isn't called that because it's a shorter trade either.
" In 2021, retail e-commerce sales amounted to approximately 5.2 trillion U.S. dollars worldwide. This figure is forecast to grow by 56 percent over the next years, reaching about 8.1 trillion dollars by 2026.
World players
The Chinese retail group Alibaba , is the largest e-commerce retailer worldwide, with online sales valued at over 700 billion U.S. dollars in 2022. However, according to forecasts, the Seattle-based e-commerce giant Amazon will surpass Alibaba in estimated sales by 2027, when Amazon will generate over 1.2 trillion U.S dollars in online sales."