• athos77@kbin.social
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    8 months ago

    users could become unruly if Reddit stock falls below the IPO price.

    Lmao, dude doesn’t know redditors at all, do they?

    • smoothbrain coldtakes@lemmy.ca
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      8 months ago

      Actually part of their IPO paperwork lists WSB as a potential positive benefit to the stock, in terms of having a clear userbase that will theoretically help sustain the value through shenanigans. That, to me, however, sounds like a securities violation waiting to happen.

      I don’t check reddit anymore. Does WSB actually consider this stock to be, uh, actually valuable? Every corner of the internet I’ve seen discuss this topic have all noted how worthless they think the shares are going to be. My money is on them shorting it.

      • athos77@kbin.social
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        8 months ago

        Lmao, I was thinking more about how fractious reddit is even without provocation, but you’re right, too!