return2ozmatoTechnology@lemmy.worldEnglish·8 months agoReddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price(gizmodo.com)external-linkarrow-up1764arrow-down133message-square106fedilink
arrow-up1731arrow-down1external-linkReddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price(gizmodo.com)return2ozmatoTechnology@lemmy.worldEnglish·8 months agomessage-square106fedilink
minus-squareFlying SquidEnglisharrow-up6arrow-down0·8 months agolinkfedilinkShould I ignore, or should I enjoy the thought of Reddit’s stock being tanked by its own users?
minus-squareJustMy2cEnglisharrow-up4arrow-down1·8 months agolinkfedilinkThe guys organizing the ipo will become very very rich even if it tanks later. They sell for their price. Afterwards, it tanks.
minus-squareFlying SquidEnglisharrow-up2arrow-down0·8 months agolinkfedilinkThey’re already rich. You’re not going to make them poorer either way. On the other hand, it will make spez look like a big fool, which I will enjoy. I’ll take my schadenfreude where I can get it.
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.
They’re already rich. You’re not going to make them poorer either way.
On the other hand, it will make spez look like a big fool, which I will enjoy.
I’ll take my schadenfreude where I can get it.