this post was submitted on 28 Mar 2024
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Lemmy Shitpost

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How's that IPO goin'? (lemmynsfw.com)
submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/lemmyshitpost
 
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[–] MeatsOfRage 320 points 8 months ago* (last edited 8 months ago) (5 children)

Looking at a couple hours of a stock means nothing and is purposely misleading. Zoom out and it's got pretty good upward consistency.

Posts like this are like the sad ex who can't move on and just makes up bullshit about their former partner. Let's move on and make Lemmy better instead of being stuck making up fake news for internet points.

[–] [email protected] 83 points 8 months ago (2 children)

Sir, this is a ~~Wendy's~~ shit posting community

[–] [email protected] 23 points 8 months ago (1 children)

This feels like straight up agenda posting. Posting it to a shitposting sub doesn't make it any different.

[–] ObviouslyNotBanana 3 points 8 months ago (1 children)

People really seem to think this community has only serious bones in its ruling body

[–] [email protected] 7 points 8 months ago (1 children)

On the other hand, being posted to a shitposting sub doen't make something a shitpost. Shitposts don't have to be jokes but just feels like agendaposting, which feels a bit lame in a shitposting sub.

[–] ObviouslyNotBanana 0 points 8 months ago (1 children)

No, everything in here is shitposting.

[–] [email protected] 3 points 8 months ago (1 children)
[–] ObviouslyNotBanana 0 points 8 months ago (1 children)

See, that's the way to react!

[–] [email protected] 4 points 8 months ago (1 children)

I react to shitposts as such but agendaposts in a shitposting sub, that's just lame imo.

[–] ObviouslyNotBanana 0 points 8 months ago

Meh, I just take it as a joke about Reddit being shit which is why many left for Lemmy.

[–] saltesc 32 points 8 months ago

I do this all the time in my reports to execs. If they're not paying attention to something I've been raising, I zoom the y axis in to show big up and down ticks in a visually alarming way. Similarly if they're obsessed with something stupid, I zoom out and show a much more flatlined and consistent graph so they get the big picture.

[–] wolfpack86 8 points 8 months ago

Facebook stock had a notoriously horrible IPO. I bought at open and had friends laughing at me when it went to $18ish. I doubled my position.

Finally sold most of those shares at $475.

[–] [email protected] 4 points 8 months ago (1 children)

I agree with the sentiment but it certainly has not been a clear upward trajectory.

[–] MeatsOfRage 2 points 8 months ago (1 children)

Yea now it's going through fluctuations. When this post went up it was at the peak of the 26th. Either way, we gotta wait this out before jerking ourselves off about a stock crash.

[–] [email protected] 2 points 8 months ago

You're right, I didn't notice the post was a few days old. I completely agree with you then.

We can still jerk ourselves off the old fashioned way though.

[–] [email protected] 1 points 8 months ago* (last edited 8 months ago)