I used to fucking hate that sub in my feed, but god bless those cappy swine
My sentiments exactly. The enemy of my enemy is my friend, as annoying as they can be. Now that I’m not using reddit I wish them the best of luck wreaking havoc.
💎💎💎🚀🚀🚀 …………………………………………… lol, couldn’t resist
Apes together strong
I’m still holding AMC and GME, did I miss the squeeze?!
Any day now! 🤞
🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍
Edit: 🦍
Does form an interesting premise though for a collectivist tool of anticapitalist warfare.
Firms taking short positions are some of the most low down parts of the stock and trade system, so you could cost the parasites millions and billions by organizing mass buys of stock on firms with shorted stock, and the best part is that the folks holding shorted positions can lose infinitely, so basically enough people working together would be able to pull the equivalent of stringing the leaches up by their nutsack and then dragging them around by it on a gravel pathway by horseback
Only to people that don’t realize stockbrokers are the house in the casino that is stock trading.
They’re legally allowed to turn off the buy button if the retail buyers try to do this.
Short squeeze ftw
I mean its a midoff. And at that point fuck it crack a beer or tea or something
“Reddit Invokes The Streisand Effect to Openly Invite r/WallStreetBets to Wreak Havoc on Their Stock Price.”
I think they’re trying to get the SEC to solve their problems for them. I wonder how careful the WSB/Stonkers can be.
Maybe I’m just dumb, but what could the SEC actually do?
Accuse them of stock market manipulation, which is exactly what the hedge fund guys do constantly. But since the Reddit kids aren’t hedged managers with $100millions, they’ll get sucked.
Is feeding the trolls market manipulation?
I feel like this is just Reddit asking for the sub to inflate the stock like they did GameStop.
Shorts apply downward pressure to the market price, so not sure how well thought out the plan is.
they’re counting on it
Like Musk with Dogecoin.
Somebody should go ahead and get a dedicated WSB instance going so that they can migrate easily after Reddit bans them. I want them contained because they are a toxic community, but I also want them to short the Reddit stock because it would be hilarious.
they are a toxic community,
Yeah. Being mostly comprised of Incel, conspiracy, Q / Trump shills who think they can predict the future better than their peers will do that to a community.
Looking at the real foundation of wsb and /u/deepfuckingvalue it’s not hard to see why conspiracy theorists and the gullible jumped onboard.
The thing about gme was dfv was 10000% correct.
Yeah, and then everyone involved in GME left the sub. What remained was what remains today.
If you need to run back three years to find a single instance in which a guy was correct, I would not bet the bank on the next prediction being a big winner.
AMC, Best Buy, and Hertz all bled out like stuck pigs while these dorks were screaming and crying.
God it was glorious back before all these people though. Watching people gamble on their tuition or turn a $50k loan into -$300,000 of debt for memes was fucking hilarious.
WSB is so stacked with bots and shills already, what would that even look like?
Lol in the article it says ppls proposed shotlrting Reddit stock. I love some of those apes so much, they got great ideas.
I hope they short it into oblivion and make all the tendies in the world.
Most you can short it in a day is 10 percent right? I dunno if they’re disciplined enough.
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I’m not knowledgeable about it for sure, it just seems rather next to impossible to tank an IPO with borrowed shares alone.
Anything to get their IPO in the news. Ignore
Should I ignore, or should I enjoy the thought of Reddit’s stock being tanked by its own users?
I bet theyre all gonna short Reddit.
Which is funny, because considering Reddit was trying to get users to buy in on their IPO, they probably thought they could weaponize the whole “diamond hands” meme again, and get everyone to shoot reddits “stonks” “to the moon!”
They’ve always been behind the curve, from the crypto that never launched to the NFT avatars to the streaming stuff to the IPO now being laughably belated.
I actually got the Reddit IPO invite. Hard pass.
Same here. Went straight into the spam folder.
I did too. Seems they weren’t very selective about it.
The funny thing is if they do short it heavily, the big players will pump the stock. They literally can’t lose.
WSB incels are essentially immune to a failed short.
Yeah, shorting theoristically has no ceiling on potential loss, but most of these retail kids don’t have enough assets for a squeeze to really do anything.
Owing somebody a thousand dollars and owing someone a billion dollars are the same thing for them.
this smells like reddit getting desperate
It’s almost smells like an out if the IPO tanks. Stinky.
Sure wish I had the collateral to short the ever loving shit out of that stock.
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.
They offered it to me. I’ve not been on reddit since the API issue kicked off.
Yeah, they sent it to me, too. For users, it’s based on total karma. For mods, it’s based on total mod actions taken.
I think it’s to limit damage from subreddits like WSB. If a bunch of your most active users own stock, they will be slandering WSB and calling for the ban of the subreddit when they eventually want to short it.
Reddit has enough of the same half crazed energy Tumblr has that I suspect quite a few users even the most active site would fuck the site over for fun.
It’s karma + mod actions.
More accurately, it’s based on total karma OR total mod actions.
Yeah. I didn’t mod anything but was very active, and I got emailed a 1st round invitation.
All markets are on the whim of the people, if tomorrow everyone decided Exon Mobile wasnt worth it and we’re all selling the price would tank.
Its just bad luck for Reddit, everyone thinks Reddit isnt worth shit
I don’t know if it’s bad luck. They’ve made some decisions to remind us that it’s worthless.
Heck, if Apollo for Reddit still worked, I’d probably still use it daily.
If Apollo for Reddit still worked, I’d probably still be there too. But at the same time I’m pretty thankful that things happened the way they did because it really opened my eyes to how dissatisfied I was with corporate social media and I feel so much more engaged in my hobbies and their communities now on the fediverse.
It helps that I am already primarily interested in tech, web, and networking (with some retro gaming mixed in) so the fediverse was already a suitable replacement. I feel for people whose communities are dead here.
I make stuff and yeah the crafter communities are pretty dead here. The comments I do get feel more genuine though
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I prefer Reddit today. If Reddit suddenly disappears, I will simply switch to Lemmy full time. 💀
So I really don’t care what happens to Reddit.
I hope they short it into the sub-basement. I hate those twats, especially when I modded /r/amc, but I might just have to cheer for them if they can snowball the Reddit IPO. It would be spectacular.
Was about to comment basically the same thing. They are ableist morons who are poster children for the Dunning-Kruger effect with their YOLOing and HODLing and whatnot, but them fucking over spez would make my god damned decade and I’d raise a glass to those cunts.
Lol please do
I’m surprised (but not upset) that WSB hasn’t set up a dedicated Lemmy server. Surely they must think they’ve grown big enough to not need reddit anymore.
they’ve probably got a dIsCOrD sErVEr
I mean, for wallstreetbets that’s actually a good fit. It’s not like they’re creating a knowledge base, it’s just an endless stream of memes - exactly what discord was designed for.
There is nothing wrong with this
Why would they? They have a platform in Reddit, and that’s a platform that people know. Lemmy is still fairly niche, so unless something happens like WSB getting deleted by the Reddit admins I don’t see why they’d bother.
To expand? Gain influence down the road? Diversify?
To expand?
Like adding a deck chair to a mega-yacht.
Gain influence down the road?
Lemmy has no influence. The only thing it tries to influence is moving people to Linux, and that’s been going poorly for the better part of two decades…
Diversify?
Without the two above, I don’t see the benefit.
I remember something similar being said about reddit back in the day.
I used Reddit alongside Digg, and it was rarely ever as empty as Lemmy.
Many of the niche communities didn’t exist, sure, but the big subs were at least 10x larger than the big communities here.
Oh no. Well anyways how is everyone’s Friday going?
Sounds like the people who run Reddit haven’t been paying attention to what the internet does to greedy people who start complaining
Let’s fucking hope.
