Please. If the hedge funds can manipulate stocks with their immense power, so can anyone else.
What's good for the goose is good for the gander, right?
If you are suggesting regulating the market, it needs to go both ways.
In fact. RobinHood is penalizing individual investors while favoring Wall St Hedge funds by restricting their trades, right?
Isn't that protecting the big guys and market manipulation?
Regarding Tesla, it is the 2nd most shorted stock after Apple.
You think the short holders didn't try to post every bad piece of information they could muster?
Even BITOG anti Musk and Tesla posts were what, 10 to 1 over positive posts? "Gonna tank any day now..."
Tesla shorts lost $40B in 2020.
The actual number of BITOG posts on TSLA are about 50/50 pro and con.
But, interestingly, the number of posters that have made pro and con posts are about 1:10.
With one poster banging the pro TSLA drum incessantly, arguing every con post, over and over, even starting numerous pro TSLA threads, so that the number of posts, pro and con, are about equal.
In that way, this one poster is much like the Redditors, pumping up this one stock.
Is BITOG big enough to actually influence the market, or a particular stock? No. I don’t believe so.
But the “buzz” and “hype” on this forum closely parallels the events around GameStop and AMC; one small minority taking one position while the majority disagrees, and in light of recent events I’ve asked myself if BITOG needs to be careful in allowing hype to be posted over and over. Even my wife asked that question yesterday.
I think we’re safe allowing the individual stock and company specific discussion (and the concomitant hype) to take place here since we are so small compared with Reddit, or FB. The discussion is germane to an automotive forum, and it is interesting and polite.
On that note, let’s please keep this discussion polite.
Thanks,
Astro