Re:Negative/hate tweets will be max deboosted and demonetized
by theonething on Friday November 18, 2022 @05:08PM
(#33663086)
> bad publicity about the high price of a mandatory medication for a large population is likely going to have an effect.
I know this is orthogonal to the stock price drop, but this kind of bad publicity (gouging sick people in need of your product) actually turned out to be a good thing for the public and for overall justice.
Re:Negative/hate tweets will be max deboosted and demonetized
by johnmaguire on Friday November 18, 2022 @05:11PM
(#33663110)
> I personally doubt it was the Tweet itself that caused the drop. No one should/would have believed it was an actual statement by Eli Lilly.
Your second sentence is probably true, but the first one is questionable.
It's well-known that there are high-frequency stock trading bots which watch Twitter, news headlines, etc.
Re:Negative/hate tweets will be max deboosted and demonetized
by ALittleLight on Friday November 18, 2022 @05:58PM
(#33663944)
High frequency trader bots watch random accounts? That seems like a bad strategy. Maybe they're watching news headlines - but that seems like a media problem where a storm of articles about nothing drive the very story they are talking about.
But in a bear market, this bad publicity about the high price of a mandatory medication for a large population is likely going to have an effect.
Or it could have also been a coincidence... there's no way to know.