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submitted 4 months ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price::In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”

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[-] PlasticExistence@lemmy.world 183 points 4 months ago

Excellent! Should we invite them to setup shop here?

[-] THE_MASTERMIND@feddit.ch 82 points 4 months ago

Yes definetly they are one of the community i miss dearly in here .

[-] TropicalDingdong@lemmy.world 102 points 4 months ago* (last edited 4 months ago)

I tried early starting a lemmy instance focused on this. There was about 0 exodus from that community.

https://wallstreets.bet/ was the domain.

WSB without the daily thread just doesn't exist. I'm also convinced that community is 85%+ bots.

In other news, I actually started making money since leaving reddit/wsb.

[-] THE_MASTERMIND@feddit.ch -4 points 4 months ago
[-] Chocrates@lemmy.world 31 points 4 months ago

Can you expand a bit as to why? I wasn't part of it, but saw the same snippets we all saw during the Gamestop shit, and it seemed pretty toxic and a place for naive folks (me if I followed the advice lol) to lose a lot of money.

[-] RandomStickman@kbin.run 30 points 4 months ago

Definitely not a place for legitimate financial advice. Not OP but what I got from it is financial memes and some comradery hating rich people, at least at the height of the GameStop craze.

[-] Miaou@jlai.lu 2 points 4 months ago

They seemed to love rich people, few times I was there.

[-] THE_MASTERMIND@feddit.ch 9 points 4 months ago

Yeah they are a riot and its fun to watch. But yeah don't always follow their advice

[-] TropicalDingdong@lemmy.world 3 points 4 months ago

Whatever bro. I made a shit ton betting on a goldfish there.

[-] GregorGizeh@lemmy.zip 8 points 4 months ago

Whatever bro. I flipped a coin once and it came up heads, just as they said!

[-] TropicalDingdong@lemmy.world -1 points 4 months ago
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[-] Raiderkev@lemmy.world 0 points 4 months ago

After GameStop is when it went to shit. You came at the worst possible time.

[-] TropicalDingdong@lemmy.world -2 points 4 months ago* (last edited 4 months ago)

If GME was your first intro and that caused you to think it was toxic...

if you don't long for days of disappearances and dogs shitting the backyards, I don't think the lifestyle is right for you.

[-] Arcane_Trixster@lemm.ee 21 points 4 months ago

Fuck that. Maybe old WSB, not the GME cultists. They can fuck all the way off.

[-] TropicalDingdong@lemmy.world 10 points 4 months ago

Yeah, the GME cargo cult is pretty tired, those people don't get it.

I just want to see people losing their life savings after betting on melons having to drink piss from champagne glasses.

[-] STOMPYI@lemmy.world 8 points 4 months ago
[-] TropicalDingdong@lemmy.world 7 points 4 months ago
[-] STOMPYI@lemmy.world 7 points 4 months ago

go to computershare website, there you can sign up for a direct account and get registered shares in your name that the DTC can't use to FTD and reset all teh bullshit things they got going on... i wish you well citizen

[-] TropicalDingdong@lemmy.world -5 points 4 months ago

Bro fuck GME and its idiot cultists.

Yall are dummies and boring.

[-] STOMPYI@lemmy.world 4 points 4 months ago* (last edited 4 months ago)

FUK ME YOURSELF YOU COWARD edit its hard to hate on such a username.... please fuk me

[-] TropicalDingdong@lemmy.world -2 points 4 months ago

You wanna fuck with that missionary ass GME play? Bruh I'm 9 dicks deep in a fucking canoe!

Hop in, were going to the moon.

[-] STOMPYI@lemmy.world 6 points 4 months ago

Brah I'm from MN, i was born for this canoo shit!!!!!!! consider you conaoo 10 dicks now

[-] TropicalDingdong@lemmy.world -2 points 4 months ago

Nah fr though, I want to buy about 5k - 10k more shares. Its utterly shitty the bed right now, but I think mid year we'll get some good news stories and see it climb to ~0.25+.

They basically don't exist in the wild, so like yeah, its gonna struggle. Its at least gotta be better nikola, I mean they actually do have a product.

[-] STOMPYI@lemmy.world 3 points 4 months ago

they are literally about to have their first positive quarter, they could have done it last quarter, they have like a billion of cash on hand and showed a 5M loss last Q, i am guessing they are waiting to bust the damn bear case on it wide open, when that first positive earnings comes out I hope all those automatic investing machines make their choices and start this fucking shit show. but i have no faith in RC he is a billionaire taking gambles with plans and personally i find his shit dumb and lacking any virture or principal...

[-] TropicalDingdong@lemmy.world -3 points 4 months ago

Yawn. At least tug on my balls if you are gonna blow smoke up my ass.

Shit was fun from December-March of the initial squeeze.. but after that..

[-] STOMPYI@lemmy.world 3 points 4 months ago

hater says what?

[-] CaptainSpaceman@lemmy.world 7 points 4 months ago

May MOASS bless us all

[-] winterayars@sh.itjust.works 6 points 4 months ago

No, no. Let them cook. Let's see what happens before they inevitably get banned.

this post was submitted on 23 Feb 2024
472 points (98.6% liked)

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