Simply. Neither you nor I are privy to ‘the plan’ happening behind the scenes.
I have mentioned in the past that I had an opportunity to speak with a couple of the ‘house representatives’ a few years back. They reached out because they saw my portfolio. Yeah. Surprise. I’m a nobody and yet they knew all about my investment in TSLA.
The whole experience was eye opening. They were summarily told to go pound sand. I wholeheartedly embrace the saying, money is the root of all kinds of evil.
There’s a wonderful thread on the forum detailing the history of a Canadian company that was being systematically attacked in an attempt to bankrupt it. You might find some answers you seek in it. The name of the company escapes me and I can’t find the forum member’s exact name - Jessee something I think. Dodger will know for sure what I’m talking about. Probably several other members.
One famous example is this:
Robinhood’s decision to halt buying activity on GameStop stock on January 28 was a result of ‘extraordinary’ trading and subseq
www.irmagazine.com
Another, Canadian, example is this:
Always, Citadel is involved, although they always have explanations because they dominate several categories of wholesale securities categories in the US, especially. No accident Ken Griffin is doing well and contributes generously to cancer treatment centers, including South Florida ones located near his home.
By far the largest and best capitalized firm to regularly be attacked in this fashion is TSLA. The surface of this is well documented and includes social media FUD offerings as well as celebrity professional short 'artists' whose antics often are very profitable especially if the FUD happens most virulently just after they have made big shorts.
As always, it is easy to cast rumors, about these abuses too, and more difficult to accurately catch the culprits. They are very, very skilled and have high success.
Our current issues with tesla are classically treasured by these 'artists'. Tesla did tell us how 2024 would be different, then unconnected negative evens in the Red Sea and Germany, exacerbated the issues, further exacerbated by changing market conditions in several major markets. Factually, TSLA holders would not and could not, expect gains this year. Tesla told us that! Zero surprise. All the large repositioning by the company including new factories in Mexico, India and elsewhere are continuing, with a slower pace than had happened in China and Germany. Part of that was the result of the decision to launch first production in Austin, for a local commute by key engineers.
Part of that was the result to making major moves once key factory engineering decisions have been finalized. After all, it does not take a genius to know that 'boxless' vs 'assembly line' demands very, very different factory design. We all know that, even if we are ignorant about manufacturing. That, though, is a great opportunity for 'fools and knaves' to rush in shooting "Disaster"!
Even our own highly valued forecasters were caught by this because they were monitoring the traditional Tesla processes rather than the new ones that smooth rather than have peaks and valleys. How much worse it was to have all that planned change suddenly faced with real catastrophies in Houthi and Terrorist form.
Back to Canadian and other short targets: These circumstances are the stuff of their dreams.
When we panic and sell we feed their pockets and Ken Griffin has more money.