If the stock is underpriced, sure. But shorting overpriced stocks comes with a c... | Hacker News

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		Eliezer on July 22, 2009 \| parent \| context \| favorite \| on: Is algorithmic trading making markets less efficie... If the stock is underpriced, sure. But shorting overpriced stocks comes with a cost - what if the market gets even more irrational over the next few years?

swolchok on July 23, 2009 | [–]

If stocks are typically overpriced, I think you want to be in the business of IPOing.

eru on July 22, 2009 | [–]

Cover your old shorts with new shorts.

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