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> I personally doubt it was the Tweet itself that caused the drop. No one should/would have believed it was an actual statement by Eli Lilly. Your second sente
by radlad 4y ago
> I personally doubt it was the Tweet itself that caused the drop. No one should/would have believed it was an actual statement by Eli Lilly.
Your second sentence is probably true, but the first one is questionable.
It's well-known that there are high-frequency stock trading bots which watch Twitter, news headlines, etc.
- ALittleLight 4y agoHigh frequency trader bots watch random accounts? That seems like a bad strategy. Maybe they're watching news headlines - but that seems like a media problem where a storm of articles about nothing drive the very story they are talking about.