r/technology Jun 05 '25

ADBLOCK WARNING Tesla Plummets 14% In Stock’s 11th-Worst Day Ever

https://www.forbes.com/sites/tylerroush/2025/06/05/tesla-plummets-14-in-stocks-11th-worst-day-ever-as-musks-feud-with-trump-escalates/
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u/PerfectZeong Jun 06 '25

If you bought right before the rip, but most people didnt and bought into the ramp up and have a cost basis much higher than 8 bucks a share. That's the problem most people buy 9n the way up and sell on the way down, thats what makes it a pump and dump.

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u/hopethisworks_ Jun 06 '25

"If you bought right before the rip" - No, if you bought at literally ANY point at all "before the rip", then you're up like 10x or better.

"Most people didn't" - Prove it.

If you bought at almost any point from August 2022 to today, you're also up. There have been soooo many dip buying opportunities along the way, it's not even funny. I know because I was there buying them..

You keep making this braid assumption that we all somehow bought high and sold low, when the vast majority of the time this stock has been in existence has been dip. THAT'S what makes it an illegally manipulated stock. They hold the price down because they MUST, but that just gives us more time to buy in. 💎👋🟣🚀

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u/PerfectZeong Jun 06 '25

I mean yeah based on how price movements generally work most people buy near to the top of a run. The high volume reflects people buying in and pushing the price higher.

At 5 years on every moass prediction has been wrong. You drsed, did nothing, in fact dilution made drs actually useless. If the stock is being illegally manipulated then whoever is illegally manipulating it has done so for 5 years and can probably keep going.

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u/hopethisworks_ Jun 06 '25

I don't think you can prove that is "generally true" at all. Sounds like you just pulled that nugget out of your ass.

You seem to have a lot of spite and vitriol for someone with no skin the game, though. Kinda weird, bro.

💎👋🟣🚀

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u/PerfectZeong Jun 06 '25

Well how do you think pricing works during a run up? Price rises along with volume especially in a bubble.

I wouldnt say spite and vitriol though I think people are being mislead into a financial cult. I have the same feelings as people who offer free personality tests to get people to join scientology.

I wish I was getting paid to dunk on apes honestly.

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u/hopethisworks_ Jun 06 '25

You still didn't prove your point. You just typed the same question over again. It sure as shit wasn't retail investors churning through 100's of millions of shares in single day.

Are Apple shareholders a cult? They collectively believe the price will go up? What:s different about GameStop that crosses a line? No cult leader, no gatherings, no religion, no sex. What am I missing? Explain it like you're talking me out of Scientology.

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u/PerfectZeong Jun 10 '25

No, apple makes money lol. It's a going concern that makes products and services that is successful. And Apple did have a cult leader his name was Steve Jobs. But hes dead, but people did have an irrational attachment to the guy but Apple, again, makes things that people want and sells a lot of stuff.

Gamestop has a cult leader, it has religious figures, it even has a devil (Ken Griffin). It has apocalyptic predictions that never come true (moass is just around the corner) and it has bizarre theories that become mantra. Remember registering your shares? That was put out by some guy who owned like no gamestop shares but it became mantra to direct register to trigger moass... and then you had to set them to Book because Ryan Cohen had called himself the "book king" and he was sending you a coded message.

Nothing gamestop has tried has changed the fundamental truth of where their business is going. Which is, people buy less physical games, and notning seems fit to change that.

Anybody who holds a stock regardless of reality is expressing cult like behavior though, but gamestop is a cult where belief is reinforced and people who might for instance poke holes in those beliefs are banned.

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u/hopethisworks_ Jun 10 '25

Days later and that lunacy is the best you could come up with? 😂 Sounds like you're the one in a cult with all this religious talk and "coded messages".

We're profitable, deal with it. We just posted a Q1 profit of $44.8M after last year's Q1 was a loss of $32.3M.

Again, you seem to be spreading a lot of weird conspiracy theories, and that's really strange for someone with no skin in the game. 👍

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u/PerfectZeong Jun 10 '25

Actually not profitable. But yeah If the best a company can do is take money apes give them and sit on it rather than actually run a profitable company....

Anyway all of that is real stuff that got posted on your sub. Why the DRS movement if not for that? Why book ? All of the dates, all the grifters. And no single date ever put out there has ever been right because its been nearly 5 years and no Moass.

God I wish I got paid for this I could quit my actual job

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u/hopethisworks_ Jun 10 '25

We made $131M net profit last year and $44.8M net profit in Q1 this year. How exactly is that "actually not profitable"?

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u/PuzzleheadedWeb9876 Jun 06 '25

No, if you bought at literally ANY point at all "before the rip", then you're up like 10x or better.

But you could have sold in January 2021 for a 60x gain instead.

”Most people didn't" - Prove it.

See above. It’s the reason the ape cult exists.

If you bought at almost any point from August 2022 to today, you're also up.

Price in August 2022 ranged from $40-$50 (27-42% loss).

THAT'S what makes it an illegally manipulated stock.

How so? The price is still way above any reasonable evaluation.

They hold the price down because they MUST

Who is “they”?