4 ms·
Anyone buying IPO for short term gain would have exited at initial spike, others (like me got in at allocation price) will be holding for a decade or two so thi
by small_model 2mo ago
Anyone buying IPO for short term gain would have exited at initial spike, others (like me got in at allocation price) will be holding for a decade or two so this is noise, expected not sure why it posted here, do we post every tech stock intra day price move
- fg137 2mo agoAnd I don't understand why a serious media outlet is covering this at all. The entire article could be irrelevant the next day. Without any actual, meaningful news coming out of the company (important financial update, new product, bankruptcy etc), stock price moves are only meaningful to day traders, not anyone who is doing serious investing. LA Times is making themselves the same as CNBC or sources you find on Yahoo finance.
- grosswait 2mo agoBecause anti-Elon thinking is a thing that really seems to impact the judgement of some people and this kind of news really gets them to engage
- small_model 2mo agoBingo, hacker news has this tendency hence this is on the front page.
- root_axis 2mo agoThe "anti-Elon thinking" comes from the things Elon says and does.
- rootusrootus 2mo agoIt is nearly a perfect analog to TDS. All the way down to the uncritical supporters accusing everyone else of being the deranged ones. It would be hilarious if it did not have such a negative impact on bystanders.