LogFAQs > #942464836

Nanis23 posted...

I don't short stocks. Ever. at best I buy some SQQQ or PSQ. But never taking the chance of losing plenty of money
And I am annoyed mostly because of Musk tweet a few weeks ago when he called the stock "too high"
Plenty of people lost money due to panic selling because of that tweet. This is not funny. You just don't do something like that.
And no, I did not hold Tesla stocks at that time. And it still annoyed the hell out of me and I am not forgiving him.

Sadly, I should have realized it wasn't a manipulation to kill the stock, but rather a manipulation to make people buy it cheaper before a massive surge

Honestly.....people who are inclined to panic sell stocks are probably going to lose money no matter what. If you find that you cannot resist the urge to panic sell or the urge to buy just because it's in the middle of a moonshot up you're probably going to lose money. Best thing if your decisionmaking is governed by fear and greed is to let someone else manage your money.

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September 1, 2003; November 4, 2007; September 2, 2013
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