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. (www.theverge.com)
submitted 8 months ago by [email protected] to c/[email protected]
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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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[–] [email protected] 283 points 8 months ago (40 children)

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

[–] [email protected] 231 points 8 months ago (4 children)

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

[–] [email protected] 34 points 8 months ago (1 children)

Holy shit put that on a t-shirt

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