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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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[-] 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?

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

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