Note as well that the long term may never come. A company can be acquired at an "irrational" price before reality imposes itself.
Did you short Monsanto in 2015 because you expected Roundup lawsuits to hit the stock? Well, you were kind of right but that's Bayer's problem now. Monsanto (the stock MON) is no more and you position was closed at a loss.
Did you short Monsanto in 2015 because you expected Roundup lawsuits to hit the stock? Well, you were kind of right but that's Bayer's problem now. Monsanto (the stock MON) is no more and you position was closed at a loss.