Comment Re:It wasn't the tweet (Score 1) 185
This doesn't quite make sense to me. Assuming the bots are smart enough to parse the earnings reports (highly plausible) wouldn't they react the same as if it were a proper release?
You see, you have to sell it now before the price drops. If you predict that the price will drop further due to panic selling, time to sell again. Then you buy it back after you predict that the panic has ended. If the sudden buying causes the price to soar, well then that just means you have to sell it again before other people notice...
Presumably if the release had been proper, the machines would have been instructed by humans as to what specifically to do with the stock when the markets opened, and also wouldn't predict any panics.