Betting against "Zombies" companies and waiting for the "BIG" one!

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Hi HODLers, Lions and Hiveans,

Call me a PermaBear (which I am not a I am long a lot of equities) but I do not buy into this crazy tech and WSB pumps...


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I have therefore decided to start buying some out of the money PUTs on some of these stocks that I believe are equivalent to our shitcoins.

There is an ETF which has a lot of these $MEME.

https://www.roundhillinvestments.com/etf/meme/

Why are these companies good to short?

  • They bounced back following the bottom of the market while their underlying business actually deteriorated since then
  • Thye are mostly not profitable and have high debt levels. With rising interest rates, this is completely unsustainable.
  • They are overvalued and badly run with some of them being in trouble with legal issues and lawsuits for different type of frauds, etc...

Top 10 Holdings of the MEME ETF

That's all! Are you making any trades? If yes, which ones?

Stay safe out there,

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7 comments
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this is the first time i am seeing something like meme ETF

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This is the ETF gathering the stocks of degenerate gamblers haha 😅

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My previous @v4vapp proposal has expired. I have a new one which is running but unfunded right now. I'm still running @v4vapp and all my other services.

I've just updated v4v.app and I'm getting ready for some exciting new features after the next hard fork.

Please consider asking your friends to vote for prop #265 or consider unvoting the return vote.

For understandable reasons in the current crypto climate it is harder to get funded by the DHF, I accept this so I'm asking a wider audience for help again. I'll also add that I power up Hive every day and usually power up larger amounts on 1st of the Month. I'm on Hive for ideological reasons much more than for only economic benefit.

Additionally you can also help with a vote for Brianoflondon's Witness using KeyChain or HiveSigner

If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.

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I feel bad about AMC, because the company played important part in what was about the last Golden Age of Television (2007 - 2016).

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It did but stayed focused on the previous technology without evolving. As Kodak and so many others…

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