Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B

• rudyharrelson@kbin.social ⁨3⁩ ⁨months⁩ ago

  Clearly you aren't doing it right. Me buying shares is a death knell for companies. I'd be surprised if my broker doesn't give companies a courtesy call when I've bought a few shares to let 'em know the company's about to go under.

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  • paddirn@lemmy.world ⁨3⁩ ⁨months⁩ ago

    At the very least, me buying shares in a company makes certain it will never rise any higher than at that share price, not until right after I’ve sold my shares.

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    • Chemical@lemmy.world ⁨3⁩ ⁨months⁩ ago

      I feel like we could benefit from a support group. There has to be dozens of us.

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      • dhork@lemmy.world ⁨3⁩ ⁨months⁩ ago

        I made quite a bit of money back in the day on Apple. Bought their shares dirt cheap, and watch them come back from the brink of irrelevance.

        … Then they said they were making a phone. “That’s never gonna work”, I said to myself, and sold it all.

        At least I made a nice profit, right?

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