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This was a huge wakeup call to me that investorbros are literally retarded
>Anycolor fucks up
>stocks plummet
>cover stocks plummet to because (???)
Investors are unthinking and just trading one stock off the other. It makes no rhyme or reason.
Also
>Anycolor stock collapses after the Q3 report
>trading halted by limits
>when the limits end, the stock doesn't keep declining instead going sideways around that limit
But that limit wasn't the natural point of decline or any logical place for the stock to be. That limit was a completely arbitrary one imposed by the stock index itself to prevent huge one-day declines. So why would you assume that is a natural point around which the price to float? It literally makes no sense.
Also
>Cover stock declines to match Anycolor's decline, even though Anycolor's decline was driven by their financial report specifically
That makes no sense either.
Long story short, investorbros are unironically retarded
