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Except your average market participant doesn't have the same resources for that analysis as Herz.
by stevage 5y ago
Except your average market participant doesn't have the same resources for that analysis as Herz.
- nwiswell 5y agoMany of them have more resources. Hedge funds have been using satellite photography to estimate Tesla's production numbers for years. The price is expected to move if even a few participants have the new information. https://news.ycombinator.com/item?id=20243810 https://news.ycombinator.com/item?id=20243810 Honestly I'm a little dumbfounded that people are arguing this is definitely a rational move in the price while we've got phenomena like GameStop still happening.