Forum Discussion
BB_TX
Sep 08, 2020Nomad
ShinerBock wrote:fj12ryder wrote:
Yeah, I read that Nikola's stock took a big jump right after the announcement. So it could all just be a ploy for stock manipulation.
Yeah, up 48% in one day...... It is very beneficial for someone to create hype like this all over the media and forums like these.
Almost makes you wonder if people are doing it on purpose sometimes.
..........
The market is driven by speculators. Those seeking to make a profit, quick or long term, are fast to buy on any promising news and that drives the price up. And they are just as quick to bail on any hint of bad news and that drives the price down. And automated computer buy/sell programs compound the problem.
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