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

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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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[–] Lionheart_xa@lemmy.world 17 points 9 months ago (1 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 9 months ago (1 children)

please use puts for that

[–] Lionheart_xa@lemmy.world 3 points 9 months ago

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