This Stock Does Not Wait For The Green Signal!

 Hello everyone,

Today I will be writing about Elon Musk's tweet that triggered an eight-thousand percent increase in the Bio-Tech Company Signal. What happened was that Elon Musk posted a tweet on Twitter. The Tweet was a simple two-word one. It read "Use Signal". He was referring to the non-profit company that focuses on privacy and is an alternative to other chat services such as WhatsApp an more. What many people mistook it for, however, was that he meant to invest in the Bio-Tech company Signal that goes by the same name. Many keen investors saw this as expert advice and quickly invested in the Bio-Tech company. The result was amazing.

Signal stocks jumped from less than 50 cents all the way to 38 dollars. The company Signal was actually a failing company that had no revenue between 2014 and 2016. The company was astonished by this quick growth in their stocks. The company was quick to assure people that they had no connection with Elon Musk. The messaging service Signal is not even traded and is a non-profit!

I hope you enjoyed that. Let me know in the comments below if you would like to see more articles like this. Feel free to give your opinion on this event. If not please tell me what you would like to see. Please spread the word about this blog. Also, subscribe on the upper left of the home page. Finally, leave a comment and I look forward to writing more and reading your comments.

Thank you,

Until Next Time,

This is Chaitanya giving you Things To Think About

Comments

  1. IdeamaniJanuary 24, 2021 at 5:17 AM

    Tesla's stock price has gone up in much the same way as Signal has :-)

    ReplyDelete

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