Instead, the billionaire’s tweet sent a random stock soaring 1,100%. See: Elon Musk’s Controversial 2020 - From Comments on Stay-at-Home Orders to His New Baby’s Name and More When the Tesla and SpaceX CEO tweeted “Use Signal,” he meant to suggest that people turn to the encrypted messaging app as an alternative to What’s App, which is owned by Facebook. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.Not only is Elon Musk now the world’s wealthiest person, but he apparently also wields some power over random penny stocks. PROSPECTIVE CLIENTS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON PAST PERFORMANCE RESULTS AND SHOULD NOT BASE THEIR DECISION ON INVESTING IN ANY TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED.
THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR BY PAST PERFORMANCE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. PAST PERFORMANCE RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
You could lose some or all of your initial investment do not invest money that you cannot afford to lose. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. Leverage creates additional risk and loss exposure. HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
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