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There's always a ton of sentiment analysis to be done on "crowds" i.e. on twitter towards companies. If they worked well we'd see 10x numbers from the funds tha
by personjerry 8y ago
There's always a ton of sentiment analysis to be done on "crowds" i.e. on twitter towards companies. If they worked well we'd see 10x numbers from the funds that figured out the methods, but we don't. The crowd means little beyond technical analysis.
Tesla is the most shorted company in the world, of course people are going to try to use whatever they can as evidence to prove it sucks; They have a vested interest in doing so, and Tesla rightly fights back against these kinds of claims, because it's in their shareholders interests.
This article provides some examples of people talking about speculative evidence that Tesla isn't doing well, but you can find that for almost any company. That's what a lot of investment articles are, actually. So it seems like mostly fluff to me.