Comments on social media aspects:
Social media was a big part of the price take down as we have generally discussed but if you look at it closer i think there is a bit more strategy involved... The usage of twitter, Facebook, and stock twits MB, and other SM are used by a much younger demographic... Stock market psychology is not rocket science , but wisdom and experience (not to be confused with intelligence) , is an absolute necessity in the foundation of a psychological defense against many of the typical bashing and fear mongering attempts at creating panic selling.. Unfortunately the younger will be intelligent but not wise and experienced... It is shameful of the cartel to prey on this weakness of the young... This is why when they did the big price take down they did the social media blitz first since youth would be easier to target with the many straw man , red herring, guilt by association false arguments and get the selling starlings....Then the older wiser investors would react to the quickly dropping stock price, started initially with the social media blitz... It is kinda of ironic that stock twits got up and running for the cartel just in time to help in this process as it is also the younger set and connected to the social media blitz....Also troublesome is that the youth will be more inclined to now believe in the likes of JF , AF, DW, AXON CEO etc... and now respect them even more as excellent forecasters of stock prices so as it becomes a powerful self fulfilling prophesy for the next attach... So is summary they manipulate youth through social media with ease and indirectly other segments of the market, as follow on, through momentum in market actions....a very dangerous tool that they have at their disposal IMO...
