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Lifting a stone to hit one's own foot! As soon as the tariff threat from Trump emerged, the stock prices of usa auto giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
Trump Tariff Threats Hit Ford, GM, Other Auto Stocks. This Is Why. -- Barrons.com
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72155797 : Great post. Also don't forget that they will sometimes go into places like trading groups and reddit and other forums and pump a stock along with all of these tactics.
This_Guy OP 72155797 : Yes, this is very common and is now a part of the stock market and also can fall under social sentiment. There are countless forms of this including X (twitter) accounts with large followings. They are everywhere actually even WhatsApp app. telegram etc etc, and most social apps. I may cover it in a post but for now am focusing on the techniques used which will help people either A) avoid them b) trade with them and make money IF YOU DON'T CHASE THEM.
And to add to this, stocks are still manipulated without the involvement of social (trading) groups. The safest are stocks with news. However, with that said, fake news gets released and the ones with real news can also be manipulated.