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1. Embed this notice
   GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Tuesday, 22-Apr-2025 07:20:29 JST GhostOnTheHalfShell

   Tesla down almost 6% today

   They are hanging on at $227

   I guess some option was exercised and that counts for the ephemeral spike.

   https://www.nasdaq.com/market-activity/stocks/tsla

   • Embed this notice
     Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 22-Apr-2025 07:20:28 JST Paul Cantrell

     in reply to

     @GhostOnTheHalfShell
     Something seems to be pushing really, really hard post-inauguration to keep it above 220. That’s not just the clear rational price on the fundamentals. I’d love to know whether that’s just the true equilibrium point right now of the detractors vs the True Believers, or whether somebody out there is buying Musk’s solvency for him (strings attached, no doubt).

   • Embed this notice
     Paul Cantrell (inthehands@hachyderm.io)'s status on Tuesday, 22-Apr-2025 08:14:25 JST Paul Cantrell

     in reply to

     @GhostOnTheHalfShell @cryptadamist

     If you look at the details of a stock price, you’ll see buy and sell prices: how much somebody was recently offering for shares, and how much somebody was willing to sell them for. I’ve always assumed the current price is determined from this (usually narrow) range.

   • Embed this notice
     GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Tuesday, 22-Apr-2025 08:14:26 JST GhostOnTheHalfShell

     in reply to

     • Paul Cantrell

     @inthehands

     I had some more questions based on some questions about how did daily price is actually established.

     So for instance, stocks are purchased in lots: 1 stock or 1000 stock or 20,000 during trade.

     I don’t know quite what establishes stock price. What’s considered the market price can never truly represent the total value all that outstanding stock represents. It’s just not calculable.

     Games manipulating prices for crypto, for instance are played all the time.

     @cryptadamist

   • Embed this notice
     Wulfy (n_dimension@infosec.exchange)'s status on Tuesday, 22-Apr-2025 08:52:18 JST Wulfy

     in reply to

     • Paul Cantrell

     @GhostOnTheHalfShell @inthehands @cryptadamist

     I just had a quick look what Reddit shares geeks say.
     #TSLA is on the precipice;

     From a guy who's only expertise is "staring at trading charts"

     "TSLA is teetering at critical support around $217–$220. If it breaks, it’s not just a dip—it’s the trapdoor to parabolic downside. • $217.80 & $215.62 are long-standing technical floors. If those give way, we’re looking at a death cross, oversold RSI, and zero sentiment support = panic sell mode. • No earnings guidance. No new products. Global pullbacks. Tariff headwinds. • Public sentiment? Cratered. Elon’s political baggage and over-promises are catching up. • Options market is pricing ±9%, and skew is bearish.

     This is the setup for a classic bull trap. Once $217 snaps, expect algo flushes and margin pukes. Break that floor and it’s sledding season."

   • Embed this notice
     Wulfy (n_dimension@infosec.exchange)'s status on Tuesday, 22-Apr-2025 08:52:19 JST Wulfy

     in reply to

     • Paul Cantrell

     @inthehands @GhostOnTheHalfShell @cryptadamist

     I'm not a share trader by any definition. But I was a #Gamestop smooth brained ape (💎👐🚀🌕) so I know a tiny bit more about trading than most peasants.

     The large brokerage houses ("market makers") can engage into many shenanigans that either skirt the boundaries of legality or are downright illegal. They can get away with it, because even if prosecuted, the financial penalties are less than the profits.

     A "market maker" can run any number of Calls, Puts and Buys/Sells to keep a share price at a given level or move it up and down.

     I'm sure if you do desire, you can find out trading geeks who are dissecting the order books right now.

   • Embed this notice
     GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Tuesday, 22-Apr-2025 08:52:19 JST GhostOnTheHalfShell

     in reply to

     • Paul Cantrell
     • Wulfy

     @n_dimension @inthehands @cryptadamist

     I don’t quite discount either that the volume of stocks in that company have various options put on them that could potentially nose up the stock price for some time, probably until the options run down. That would be the most generous interpretation I could drum up from my peasant ignorance

     Paul Cantrell repeated this.
   • Embed this notice
     Jenniferplusplus (jenniferplusplus@hachyderm.io)'s status on Tuesday, 22-Apr-2025 09:57:55 JST Jenniferplusplus

     in reply to

     • Paul Cantrell

     @inthehands @GhostOnTheHalfShell @cryptadamist
     If you're seeing a single price listed on a stock, that's the per-share price of the last sale on a public exchange. For historical values (like yesterday's price, etc) it's the sale price of the last sale in that period (aka the closing price). If there's not enough volume to give real prices, then your brokerage might just show the open bid (offer to buy) and ask (offer to sell) prices.

     This knowledge comes courtesy of building trade ticket UIs for 5+ years at Schwab and Fidelity