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submitted 4 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] bionicjoey@lemmy.ca 283 points 4 months ago

Reminder that shorting is a high risk play and you should never make investment decisions out of spite.

[-] billiam0202@lemmy.world 231 points 4 months ago

The market can remain irrational longer than you can remain solvent.

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this post was submitted on 24 Feb 2024
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