Anything to get their IPO in the news. Ignore
Should I ignore, or should I enjoy the thought of Reddit’s stock being tanked by its own users?
The guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.
Oh dear. Makes me wish I was still on there to kick up stink.
Sounds like the people who run Reddit haven’t been paying attention to what the internet does to greedy people who start complaining
how do I trade to inflict maximum economic damage on reddit?
Don’t talk about it, but it, or post about it ever and it will go away
Spreading fake news. Imagine a never seen before tripartite alliance, for only one goal, of Reddit, 4Chan and Fediverse, working together and trying to tank Reddit Inc. It could be historical. I’d say we direct the grand final towards the EU courts, putting the final nail down.
I hope they short it into the sub-basement. I hate those twats, especially when I modded /r/amc, but I might just have to cheer for them if they can snowball the Reddit IPO. It would be spectacular.
Was about to comment basically the same thing. They are ableist morons who are poster children for the Dunning-Kruger effect with their YOLOing and HODLing and whatnot, but them fucking over spez would make my god damned decade and I’d raise a glass to those cunts.
“Reddit Invokes The Streisand Effect to Openly Invite r/WallStreetBets to Wreak Havoc on Their Stock Price.”
I think they’re trying to get the SEC to solve their problems for them. I wonder how careful the WSB/Stonkers can be.
Maybe I’m just dumb, but what could the SEC actually do?
Accuse them of stock market manipulation, which is exactly what the hedge fund guys do constantly. But since the Reddit kids aren’t hedged managers with $100millions, they’ll get sucked.
Is feeding the trolls market manipulation?
Let’s fucking hope.
What could they do other than a standard pump and dump with maybe a short?
Stfu regard
Oh no. Well anyways how is everyone’s Friday going?
Tank it!
To the shitter! 💸🚀🚽
this smells like reddit getting desperate
It’s almost smells like an out if the IPO tanks. Stinky.
Sure wish I had the collateral to short the ever loving shit out of that stock.
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.
They offered it to me. I’ve not been on reddit since the API issue kicked off.
Yeah, they sent it to me, too. For users, it’s based on total karma. For mods, it’s based on total mod actions taken.
I think it’s to limit damage from subreddits like WSB. If a bunch of your most active users own stock, they will be slandering WSB and calling for the ban of the subreddit when they eventually want to short it.
It’s karma + mod actions.
More accurately, it’s based on total karma OR total mod actions.
almost you shouldn’t place cheeky little bets on if a company will succeed or not. bet on sports like a normal person. shareholders ruin every single company
Nikola shorts profited from the company being a scam and being exposed. They did a useful service by driving the price down.
DRS GME And End The 1% ;)
That movie dumb money was such good publicity for Reddit. And now they’re probably gonna shut down the star sub-reddit.
