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pmarca
on Nov 14, 2013
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Snapchat Spurned $3 Billion Acquisition Offer from...
What's the size of your short position?
Anderkent
on Nov 14, 2013
[–]
Believing a company is overvalued is not sufficient reason to short it. You must also have a reason to believe that other investors will realize it's overvalued sometime soon too.
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