5 ms·
I just want to know if the stock movement is justified or not.
by mupuff1234 2y ago
I just want to know if the stock movement is justified or not.
- Vecr 2y agoStock movements aren't generally justified.
- crazygringo 2y agoOh wow it was up 6.2% at one point this morning from yesterday, now 4.6%.
- deleted 2y ago[deleted]
- deleted 2y ago[deleted]
- dboreham 2y agoYou never know the reason for a stock move. Could be that people see Oracle's poor results today as reason GCP will make more money.
- crazygringo 2y agoIf you're a journalist and simply phone a few institutional investors who make up the bulk of this kind of trading and with who you have a trusting relationship, they'll tell you. If they all mostly agree, that's your answer. And it's almost always what you assumed anyways from the news, because this stuff isn't rocket science. So for all practical purposes, yes actually you usually do know, whenever a stock movement is large enough that it's clearly outside the normal noise of day trading. I mean, can you prove the reason with 100% mathematical certainty? No. But can you be 99% sure? Of course.
- praptak 2y agoI want the ability to answer such questions with an accuracy slightly over 50%.
- amoss 2y agoreturn false
- melvinmelih 2y agoDepends on which universe you're talking about.
- vasco 2y agoYou don't need a quantum computer to know everything from now until the end of times has already been priced in.