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

return2ozma@lemmy.world to Technology@lemmy.world – 722 points –
Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
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Somebody should go ahead and get a dedicated WSB instance going so that they can migrate easily after Reddit bans them. I want them contained because they are a toxic community, but I also want them to short the Reddit stock because it would be hilarious.

they are a toxic community,

Yeah. Being mostly comprised of Incel, conspiracy, Q / Trump shills who think they can predict the future better than their peers will do that to a community.

Looking at the real foundation of wsb and /u/deepfuckingvalue it's not hard to see why conspiracy theorists and the gullible jumped onboard.

The thing about gme was dfv was 10000% correct.

Yeah, and then everyone involved in GME left the sub. What remained was what remains today.

If you need to run back three years to find a single instance in which a guy was correct, I would not bet the bank on the next prediction being a big winner.

AMC, Best Buy, and Hertz all bled out like stuck pigs while these dorks were screaming and crying.

Yeah, thats because AMC took the value they gained from WSB shills, and used it to pay their bonuses instead of improving their business. GME is the only company that actually tried to do something with the windfall value they gained.

AMC took the value they gained from WSB shills, and used it to pay their bonuses

Which is why their firm was in the tank to begin with. And something DFV should (or, perhaps did) already know.

God it was glorious back before all these people though. Watching people gamble on their tuition or turn a $50k loan into -$300,000 of debt for memes was fucking hilarious.