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If you signal to the market that a stock is overvalued and the market agrees, where's the manipulation?
by keketi 9y ago
If you signal to the market that a stock is overvalued and the market agrees, where's the manipulation?
- ouid 9y agoIf you signal a thing that you don't believe, as is assumed that GS was doing in the hypothetical you are responding to, then you have behaved deceptively. You are free to argue that GS does believe that Tesla is overvalued, but it is not relevant to an argument which explicitly assumes the opposite.
- 0x00000000 9y ago>the market agrees The what now? Oh, those bots that scrape news articles?
- Sohcahtoa82 9y agoUh...that's basically the definition of manipulation. I'd probably bet my life that GS did a short sell on TSLA before putting out that article.