3 ms·

There is something very wrong with stocks if one guys optinion moves the market like that... He could be wrong for example...

• beatgammit 8y ago
  Eh, short term stock movements are mostly based on emotion, though not as bad as Bitcoin. Longer term, the market averages toward the true value of the company. I don't trade over the short term because I don't know what the hive mind will do, but I can do longer term analysis. I anticipate that Tesla will likely revert a bit over the week as short-term opportunists drop out.
• stevewodil 8y ago
  Citron Research has a lot of market clout due to being correct a lot of the time. I see no reason why people wouldn't follow the things that are said by them
  • Sohcahtoa82 8y ago
    The problem becomes that when someone is worshiped for their stock picking ability, they basically guide the market and can create self-fulfilling prophecies.
• sieabahlpark 8y ago
  Market hysteria is a thing. The people who trust the investor will buy/sell and the panic from the sudden influx causes a greater fluctuation. It's essentially chaotic but it's not unreasonable. If the stock market were predictable there would be no money to be made.