It may affect them. I stand by that.

Since this is hackernews, I'd imagine there are a decent amount of people with low float tech stocks. Those things can be impressively squirrely. I've moved a billion dollar company 5% with a $100,000 order by being a klutz.

Granted, these situations are usually in times of market stress, but these are times when for better or for worse people do need to raise personal cash on occasion.