General > General Technical Chat
Elon Musk is a nice chap
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Ed.Kloonk:

--- Quote from: wraper on February 04, 2023, 09:54:55 pm ---
--- Quote ---Musk pretty much tweeted, that this stock will be worth 420 USD in the future, because a private investor will buy it. Which was a higher price than what the stock was worth then.
--- End quote ---
If you look on actual historic data, share price boost when he tweeted is not noticeable compared to general volatility of TSLA. And it did not affect long term investments. Only some stupid daytraders may got burned because of this.
To pump and dump you need to profit from that. If anything, he only pumped DOGE as a joke for no actual profit.

--- End quote ---

It has only made the Musk h8trs look even more pathetic. And shown that they shouldn't be investing alongside the adults in the room. Only a moron risks a significant amount of dough based on a dumb tweet from that idiot?
SiliconWizard:

--- Quote from: wraper on February 04, 2023, 02:44:23 pm ---And if they actually make financial decisions based just on some tweets which did not even claim it will actually happen, they're idiots

--- End quote ---

I couldn't agree more. I'm constantly pointing out how much people are trying to be waived any responsibility these days and are by default identifying as victims whatever happens. It's always the fault of some very nasty, and how-so-powerfully-manipulative person that is impossible to resist. And investing is per se a risky game, losing is an integral part of it.

Oh well, idiocracy.
PlainName:

--- Quote ---Only some stupid daytraders may got burned because of this.
--- End quote ---

Isn't that victim-blaming? Does someone have to spend 20 years as a full-time (including weekends) trader before you'll consider them being worthy of trading? I bet you didn't spring into being as a fully-formed EE before you made some circuits.
Ed.Kloonk:

--- Quote from: PlainName on February 04, 2023, 10:10:50 pm ---
--- Quote ---Only some stupid daytraders may got burned because of this.
--- End quote ---

Isn't that victim-blaming? Does someone have to spend 20 years as a full-time (including weekends) trader before you'll consider them being worthy of trading? I bet you didn't spring into being as a fully-formed EE before you made some circuits.

--- End quote ---

I think some of you are missing the whole point.

I'm not sure about the day-trading part, rather they were folks who had FOMO (fear of missing out). It stems from the bogus belief that Musk and Co. are the next Microsoft or Apple in terms of return on investment, risk and reward.
tszaboo:

--- Quote from: PlainName on February 04, 2023, 10:10:50 pm ---
--- Quote ---Only some stupid daytraders may got burned because of this.
--- End quote ---

Isn't that victim-blaming? Does someone have to spend 20 years as a full-time (including weekends) trader before you'll consider them being worthy of trading? I bet you didn't spring into being as a fully-formed EE before you made some circuits.

--- End quote ---
Yeah, I have read countless comments, where people talk about how they lost their children's college savings because they listened to Musk or the Paul brothers or Do Kwon or other of these people who defraud their followers.
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