ShinerBock wrote:
BB_TX wrote:
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.
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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.
............. We are not saying anything bad about electric vehicles here so no need to get defensive. We are just saying it is click-bait or stock "buy-bait" due to the broad and general hype created by the marketing departments of these companies.
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I was certainly not getting defensive. I have no real interest one way or the other. But this topic typically brings out the "EV will never replace my ICE" naysayers. Surprisingly, it has not really happened this time.
