The share price can be easily manipulated. Shorting triggers stop losses and FORCES some holdings to be sold. This creates additional sell volume, essentially providing artificially low share prices. The process snowballs and can be done very tactically to push the price lower and lower, to the benefit of short sellers who FORCE additional volume for themselves to cover.
It is dirty, very dirty. It does not reflect true supply and demand, or sentiment towards a company, or have any relation necessarily to any real aspects of the business value.
Justs imagine it the other way. I have hundreds of millions of dollars; I start to buy up shares, wiping line after line; people have automatic buy triggers in place at higher share prices (opposite of stop losses); they start getting triggered, increasing the buying and creating a snowball effect of higher and higher prices. FOMO adds to the picture. Others jump in. It pushes higher and higher. It can rise higher and higher as long as I can trigger more of these "auto buys" at the next pip, and the pip after that. I push the price up a hundred pips or more, easily. Start to offload. Make serious $$$$. That would work.
Imo the fact that it is known that many people have (or are forced to have via margin call) stop losses in place, makes shorting unfair - Because this can be exploited, and thee is no similar mechanism in the other direction.
It is heavy handed tactics to manipulate the price and make $$$ at the expense of others, regardless of the company, it's earnings/sector/potential/fundamentals etc. They add some FUD in to the mix to make others doubt their holdings and their research that twit investment was originally based on.
Trust you research. DYOR and trust what you piece together. Ignore the waves, that's all they are. Trade them if you want, and good luck if you can do it successfully. Otherwise relax in the comfort of your research and analysis and know that the tide is coming in. EVs are here to stay, the momentum is unstoppable now, the world is changing. This company is in a prime prime prime position to grow with this transition and reward its owners along the way. That growth began about 3 years ago - just look at the chart over the past 3 years and all of the runs on the board we have in that time. We are getting stronger and better and closer and closer to unlocking value from additional assets... It IS happening.
The sp waves are bs. If I had $200mil I could single-handedly initiate the next solid wave up. No one can deny that. At the moment others with equivalent might are pushing the wave the other way. It is temporary. So what; it will l just be noise and a buying opportunity in the long run.
I have been here investing in this company for almost a decade, waiting for the world to catch onto this battery-powered transition that needed to happen. Finally it is happening and is now unstoppable. Does that mean there is no risk? Of course not, but blind feeddy can see that GXY is so well positioned for growth that the risks are minimal and the rewards significant.
DYOR and trust the puzzle that you piece together. No-one will hand you the completed puzzle. And... Beware those with an agenda to create the waves, unless you can ride with them and their games.
Gltah
Imo blah blah
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