Reddit chooses New York Stock Exchange for long-stalled IPO

Comments

• Stovetop@lemmy.world ⁨9⁩ ⁨months⁩ ago

  Eat shit, Spez.

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• cranakis@reddthat.com ⁨9⁩ ⁨months⁩ ago

  Aren’t you supposed to wait until after the IPO to ruin the platform?

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  • modifier@lemmy.ca ⁨9⁩ ⁨months⁩ ago

    You need to signal your willingness to ruin it if you want Wall Street to take you seriously.

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  • BearOfaTime@lemm.ee ⁨9⁩ ⁨months⁩ ago

    Ruining shit is a secondary concern when dickheads like spez only see $$ signs.

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• alphacyberranger@lemmy.world ⁨9⁩ ⁨months⁩ ago

  And as always, remember to short it.

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  • bionicjoey@lemmy.ca ⁨9⁩ ⁨months⁩ ago

    Shorting is very risky and shouldn’t be done solely because you don’t like a company. Spez isn’t going to care that you shorted his stock when you get margin called.

    If you are bearish on Reddit at least do something with a risk floor like selling ITM Covered Calls. Not financial advice, just my 2c.

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  • Radicaldog@lemmy.world ⁨9⁩ ⁨months⁩ ago

    Kinda crap advice for novices, as shorting means uncapped losses if you’re wrong. You’d have to be very confident other people are making a mistake, as other investors may not worry that power users no longer like Reddit, and stock could still go up.

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  • PatFussy@lemm.ee ⁨9⁩ ⁨months⁩ ago

    Lemmy not being able to Garner more members is an indication that a reddit is only growing. I would happily sell you short positions

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    • c0c0c0@lemmy.world ⁨9⁩ ⁨months⁩ ago

      You don’t think that Lemmy and Reddit can both fail to meet expectations?

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