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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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[–] assassin_aragorn@lemmy.world 10 points 9 months ago (1 children)

To quote XKCD's "Engineer Syllogism":

I am good with numbers and math.
The stock market is mostly numbers and math.
Therefore, I would be -- wait, where did all my money go?

[–] bionicjoey@lemmy.ca 2 points 9 months ago (1 children)

Second premise is false

[–] buddascrayon@lemmy.world 2 points 9 months ago

No shit Sherlock