I had to go and check wsb to see what the chatter was on this. Looks like they share the same sentiments tbh
Comment on Reddit seeks to launch IPO in March
Imgonnatrythis@sh.itjust.works 8 months ago
Goodness I hope the gamestop nerds find a way to absolutely destroy this. If there is any chance of a scheme working, I will invest.
jivandabeast@lemmy.browntown.dev 8 months ago
CosmicTurtle@lemmy.world 8 months ago
Time to buy shorts. Or puts. Or kangaroos. Whatever.
I don’t know a fucking thing about stonks.
androogee@midwest.social 8 months ago
Perfect, you’ll fit right in
ColeSloth@discuss.tchncs.de 8 months ago
It will launch, spike up a little that day, then drop pretty hard for a month or so, getting down to about 60% of its launch price, before slowly gaining back up to around 80% of its launch price after several months.
drphungky@lemmy.world 8 months ago
Also, my prediction is that big puts will be selling for way higher than their likelihood, because so many retail investors want to to fail. So even though the stock will go down, tons of people will lose money betting that.
ColeSloth@discuss.tchncs.de 8 months ago
For sure. Calls and puts both will go overpriced. Be a lot of “enthusiasts” buying options for funsies thinking they’ll totally be right.
Imgonnatrythis@sh.itjust.works 8 months ago
It’s winter here. I’m gonna buy pants.