The guy has has some Tesla, Rivian and now Ford...
No longer drinking the cool aide made from the Rouge River Water.
https://www.thestreet.com/technology/george-soros-bets-against-ford?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
10 replies (most recent on top)
apparently mr musk is betting against mr soros now
so there's some sort of triangular thing going on with 3 spider mans pointing at each other
https://www.thestreet.com/technology/elon-musk-fights-billionaire-george-soros
who's side will ford ceo be on now?
battle royale
cue the spock/kirk fight music
Why y’all hating Farley and Soros? What did they do to you? It’s a free country. If you don’t like it you can leave.
Soros finally figured out Fartley is a liar. Ford's stock price will bounce back when we have an engineer CEO who knows how to build cars!
Who cares! Remember when Kerkorian took a big stake in ford and the company freaked out and sent the email reassuring employees it meant nothing? Soros must want to lose money on ford for tax purposes!
zwg+1mDMfr3M
Soros owns a position in F so as to control it to whatever degree.
Ownership over the long-term betting F will go up.
The Puts will make money on that position since they may see evidence or believe that short-term F stock will go down.
The fact that Soros has anything to do with F should be a major red flag.
I’m not sure which concerns me most, that Soros owned so much of Ford’s debt (as bad as China owning so much of the US debt), or that he no longer thinks it’s a good investment.
Some people bet a particular stock will go up, others bet it will go down. That's just how it works. Who cares what Soros or anybody else is betting?
@hky. I know options but …What do you mean by ‘cover his position in F’?
Soros is buying Puts to cover his position in F.
Ford and Soros, Soros and Ford = fellow travelers.