• jsomae@lemmy.ml
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    14 hours ago

    People selling the stock does not cause the stock value to lower. For every sale there is a purchase. What causes the stock to lower is people willing to sell for cheaper.

    • Cocodapuf@lemmy.world
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      2 hours ago

      This is semantics, because that’s the same thing.

      If you want to sell now you have to sell at a lower price, to have your put orders at the top of the stack. So the reason they were selling a lower price was just that they actually wanted to sell.

      Sure, you can put an order to sell at some optimistic price, and that won’t effect the stock price, but simply having a put order on a stock is not actually the same as wanting to sell. People actually wanting to sell now lowered the stock price.