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‘I don’t care, I want out’: Tesla fans dumping stock in 'irreparably damaged' company
(www.rawstory.com)
this post was submitted on 21 Mar 2025
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Not sure what you’re saying here? As I said elsewhere, I absolutely get that this is one day but it’s also the same day they announced a massive line-wide recall. It’s discouraging to see the number go UP on a day like today.
the stock market has a LOT of automated trade. when the price of a highly traded stock falls and reaches certain points it triggers limit orders to buy, and when it rises it triggers limit orders to sell. that's why you never see a clean rising line or falling line for more than a few days at a time, these auto orders run by the huge investment companies always stabilise things a bit. to see larger trends you have to scale up your chart to see past the stabilising periods.
Yeah, that makes sense, 100%. I think I was just feeling anxious because everything is so overwhelming, any positive sign for the fascists is scary to me. Thanks for helping explain that.