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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[-] chakan2@lemmy.world 17 points 7 months ago

Dunno...if I can buy, then dump everything 15 seconds after open, it'd probably be an easy win.

There will be a spike in the first minute of trading, then it will crash and burn.

[-] someacnt_@lemmy.world 2 points 7 months ago

Yeah, we could ride this perhaps

[-] butterflyattack@lemmy.world 2 points 7 months ago

I'd probably try something similar if I could, I'm not in the US though.

this post was submitted on 24 Feb 2024

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