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A comment on Tesla drops 7% after Goldman Sachs says the stock is worth $180. Parent comment

Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by jfoutz on Wednesday July 05, 2017 @07:11PM (#14706906)
Ah, OP's assertion was the price is crazy from retail investors, which i assume would be non-institutional, non-insiders. It's impressive that a few % of owners can double the share price. Unless, they meant Musk was buying shares at $350+
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Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by tcoppi on Wednesday July 05, 2017 @07:20PM (#14706973)
I mean, I don't think that is what is happening right now, but you might be surprised what it takes to move a market sometimes. The Flash Crash[1] was caused by a single individual. Granted he was playing with futures and you can get some insane leverage with a modest account there, but it is within the ability of a couple of individuals with six-figure accounts to make some well placed bets and move a market significantly.

1.https://en.wikipedia.org/wiki/2010_Flash_Crash#Evidence_of_m...

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Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by consz on Wednesday July 05, 2017 @07:22PM (#14706981)
How much faith do you have in the statement that the flash crash was actually caused by a single individual?
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Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by tcoppi on Wednesday July 05, 2017 @07:29PM (#14707021)
He definitely set off a chain of events that caused automated market makers to re-evaluate their idea of a fair market value rapidly in the downward direction, and it cascaded from there.
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