Every one of these stories about DJT stock in the month of October has been missing the same subheadline. “Stock price dips to what is was at a few days ago, then quickly recovers.” Which can probably be read as “Whale cashes out, Quiltists fill in the hole.”
There’s no evidence it’s quiltists. That kind of blanket statement has no place in this debate. It could be someone else trying to fleece investors before they cotton on.
As someone who has worked for many years in customer service and retail environments, I can conclude from your post that you haven’t worked directly with the public very much.
A 10 day weather forecast typically includes a graph with a y-axis break. It is meant for the general public, and most people have no difficulty interpreting it.
One screenshot was from the other day when it happened (cropped), the other is from today(uncropped). All I can tell is it’s a very volatile stock and people are gambling on it for short term gains.
I think the graphs demonstrate my point that compared to the S&P 500 (one of the most common indexes to compare a stock to the rest of the market) it is a very volatile stock both on the Max and 3 month comparisons. Now granted it was a quick Google search so volumes and fundamentals aren’t in there.
So still double what it was at the beginning of the month…
You might not feel like that looking at the graph, because:
Graphs that don’t start the y axis at 0 are shitty at conveying information
And I’ll keep complaining about them as long as people keep doing it.
Every one of these stories about DJT stock in the month of October has been missing the same subheadline. “Stock price dips to what is was at a few days ago, then quickly recovers.” Which can probably be read as “Whale cashes out, Quiltists fill in the hole.”
There’s no evidence it’s quiltists. That kind of blanket statement has no place in this debate. It could be someone else trying to fleece investors before they cotton on.
Welcome to American journalism…
Where the focus is on clicks/profits unless a billionaire bought the company to convince people billionaires aren’t the problem
Yep, no matter what it is, you know the presenter is being dishonest with information.
If you know how to read a graph, then it doesn’t matter if the y-axis includes zero
These are in articles for the general public. Assuming even a general understanding of graphing is not reasonable in this case.
I think completing pre-algebra (generally taught in middle school or high school) is sufficient to understand a table.
And if you can understand a table, then you can understand a graph with a y axis break.
As someone who has worked for many years in customer service and retail environments, I can conclude from your post that you haven’t worked directly with the public very much.
I think you underestimate your customers.
A 10 day weather forecast typically includes a graph with a y-axis break. It is meant for the general public, and most people have no difficulty interpreting it.
Rest easy now, friend. The battle is over.
And nearly triple what it was on September 23rd.
I appreciate your point and it’s a relevant one…
But did you really have to link another graph that doesn’t start at zero?
It’s funny if intentional, but my soul still died a little. It’s really become the norm in the last decade or two.
Only a little intentional :) . It was the best I could find quickly.
It drives me crazy, but it really is everywhere these days.
Like, when we printed stuff out it was a little excusable, but a couple extra pixels on a graph is never a big deal
One screenshot was from the other day when it happened (cropped), the other is from today(uncropped). All I can tell is it’s a very volatile stock and people are gambling on it for short term gains.
Then here’s the 3 month for comparison.
Those are graphs of percent change…
A completely different thing…
I think the graphs demonstrate my point that compared to the S&P 500 (one of the most common indexes to compare a stock to the rest of the market) it is a very volatile stock both on the Max and 3 month comparisons. Now granted it was a quick Google search so volumes and fundamentals aren’t in there.