this post was submitted on 23 Feb 2024
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Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price::In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”

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[–] [email protected] 31 points 8 months ago (4 children)

Can you expand a bit as to why? I wasn't part of it, but saw the same snippets we all saw during the Gamestop shit, and it seemed pretty toxic and a place for naive folks (me if I followed the advice lol) to lose a lot of money.

[–] [email protected] 30 points 8 months ago (2 children)

Definitely not a place for legitimate financial advice. Not OP but what I got from it is financial memes and some comradery hating rich people, at least at the height of the GameStop craze.

[–] [email protected] 9 points 8 months ago (1 children)

Yeah they are a riot and its fun to watch. But yeah don't always follow their advice

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

Whatever bro. I made a shit ton betting on a goldfish there.

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

Whatever bro. I flipped a coin once and it came up heads, just as they said!

[–] [email protected] 0 points 8 months ago

After GameStop is when it went to shit. You came at the worst possible time.

[–] [email protected] -2 points 8 months ago* (last edited 8 months ago)

If GME was your first intro and that caused you to think it was toxic...

if you don't long for days of disappearances and dogs shitting the backyards, I don't think the lifestyle is right for you.