I keep reading that the hedge fund managers buy stocks that they are predicting will drop, then buy them back at a lower price when they do.
That's a lie.
The hedge fund managers band together and cause a stock to drop by short selling it. They kill its price then buy it back at a cheaper price and pocket the difference.
They don't predict schitt. They cause the price to drop.
Wrong. Sorry.
A thousand (at least) broke Tesla bears would like a word with you....the most famous being a guy named Jim Chanos.
"Men must be governed by God or they will be ruled by tyrants". --- William Penn