this post was submitted on 24 Feb 2024
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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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[–] jaybone@lemmy.world 61 points 8 months ago (32 children)

I don’t get why, if these people hate Reddit so much and they want the IPO to fail, why are they still using the platform?

Once people get burned with that stock purchase email, they are going to have even more pissed off users.

[–] Lionheart_xa@lemmy.world 17 points 8 months ago (2 children)

As someone on wsb and totally going to short the stock. They named the sub in their Ipo and that we were going to short the shit out of them.

I think it would be rude not to deliver on said promise. Honestly from what I've gathered on the wsb discord we kinda just wanna see reddit on fire. At least that's the general sentiment I've perceived.

Also the main thought has been that as soon as they IPO they're gonna get their board taken over and kick us out first thing.

[–] module@lemmy.world 2 points 8 months ago (1 children)
[–] Lionheart_xa@lemmy.world 3 points 8 months ago

Gotta wait a week after the IPO launches for options usually.

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