Comment on What is happening with Tesla (TSLA) stock currently? 📈

KeenFlame@feddit.nu ⁨5⁩ ⁨days⁩ ago

I don’t think it seems like anyone here coming with credible reasons, yet want to provide answers? For what reason do you answer when you clearly are making up / wishing things?

Anyway, the price is controlled by huge hedge funds and the publics want of a stock or despise of a stock makes no difference in any way, because even if they buy shares on their little apps, they will never own shares. Nobody seems to understand the vast differences between normal people and the playmakers? If everybody, exactly every normal person sold or bought at once, nothing would happen. Zero change because they don’t own any shares. They have a little contract with their broker apps that they might pay the difference. They have no obligations and act more like a betting agency, and sell the data to hedgefunds. The only thing that actually trades are robots and they are placed in the exchanges locally to have zero latency and then the algorithms find good spots to put bundles of orders to trick other algorithms. The most shares are sold and bought off market to not impact this insane irrational game that seems always seconds from breaking down

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