Quote (ofthevoid @ Dec 1 2020 12:12pm)
It's highly manipulated. There are hedge fund algos and trading desks that love the action on these names. These entities have the power to at-will walk up and down the price for trading gains.
There's a reason why Robinhood has buyers lined up for their clients trading data.
I won't even invest in TSLA. Once something has hype driving it's growth as opposed to reasonable outlooks, I duck out. I'm losing out on insane profits but I'd probably lose my ass as well. I'm more than happy to take 10% annual growth and call it a day.