A lemmy user made a comment on a similar post
‘press statements about future stock prices are kinda self fulfilling prophecies’
Which, if you think about it, benefits those holding shares/interested in the stock… For example: a former boss of an oil company talking about how the price might hike …
This applies not only to oil and gas but to any industry. And let us not forget politicians working on new legislations that will likely support particular companies. Just buy call options and you are fine.
A lemmy user made a comment on a similar post ‘press statements about future stock prices are kinda self fulfilling prophecies’
Which, if you think about it, benefits those holding shares/interested in the stock… For example: a former boss of an oil company talking about how the price might hike …
This applies not only to oil and gas but to any industry. And let us not forget politicians working on new legislations that will likely support particular companies. Just buy call options and you are fine.