this post was submitted on 24 Feb 2024
1021 points (98.9% liked)

Technology

59674 readers
4636 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
1021
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 9 months ago by L4s to c/technology
197 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 53 points 9 months ago (1 children)

100%, this is a trap being set for retail investors... not touching this even if I had a 1000ft pole.

[–] OrangeCorvus 24 points 9 months ago (3 children)

What if you had a 1001ft pole?

[–] [email protected] 13 points 9 months ago

That’s the whacking pole

[–] WhiskyTangoFoxtrot 9 points 9 months ago

If I had a 1001 foot pole I wouldn't be browsing Lemmy on a Saturday night.

[–] [email protected] 8 points 9 months ago

Then it would be called buying puts instead of shorting