“We are absolutely appalled at this behavior!” [Buys more stock in Tesla] “I mean really, this has gone too far!” [Collects dividends] “He needs to resign, this is disgusting!” [Watches stock price climb] “this antisemitism must stop or else!” [Buys more stock]
But you buying and holding also contributes to the price going up. Just as you refusing to buy or selling your shares contributes to prices going down. This is how Elon has manipulated markets for quite a while.
“We are absolutely appalled at this behavior!” [Buys more stock in Tesla] “I mean really, this has gone too far!” [Collects dividends] “He needs to resign, this is disgusting!” [Watches stock price climb] “this antisemitism must stop or else!” [Buys more stock]
In the interest of pedantry; TSLA doesn’t declare dividends.
If I, an absolutely moral and ethical person, don’t buy Tesla stock and gain profits from its climbing, somebody less moral and ethical will.
But you buying and holding also contributes to the price going up. Just as you refusing to buy or selling your shares contributes to prices going down. This is how Elon has manipulated markets for quite a while.
Bruh. What internet lefties have right is that we don’t have an impact in capitalism. Get yo wins.
You mean those who denounce capitalism aren’t actively fueling the fire? Imagine that.