Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price

L4sBot@lemmy.worldmod to Technology@lemmy.world – 466 points –
Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
gizmodo.com

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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Excellent! Should we invite them to setup shop here?

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

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.

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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.

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.

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

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

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

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

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

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.

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

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.

you can eat my ass shitbird!

How do I gamble on this?

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

Bro fuck GME and its idiot cultists.

Yall are dummies and boring.

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

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.

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

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.

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...

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..

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

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