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Of course - but it moved precisely because people with money decided the claims were credible.
by darawk 7y ago
Of course - but it moved precisely because people with money decided the claims were credible.
- slg 7y agoThe market moved too quickly for the parties acting to have had time to actually digest the merits of the report. The market moved because the people who released the report had credibility.
- darawk 7y agoIt's possible that that was part of it. But the market closed with GE's price barely recovering. Which means people who analyzed it more slowly agreed with the initial movement. Which means there is no evidence for the view that the initial movement was spurious or unvetted.
- objektif 7y agoIt can also move by algos that listens to news coverage and they dont do much dd.