Reddit pops 48% in NYSE debut after selling shares at top of range

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Reddit pops 48% in NYSE debut after selling shares at top of range (archive.ph)

Puts?

(post is archived)

[–] • 1 pt

(edited )

Reddit is as woke as it gets. It has been a part of the major driving force for woke for a decade.

It will now be forced to adhear to outside expectations.

I look forward to the death of reddit.

link

[–] • 1 pt

At this point puts are definitely the safest bet. The 48% was most likely insider trades and reddiTards doing what they do and jumping on a bandwagon. I don't see the prices staying that high after the initial support period ends. I think a good portion of buyers are probably "robin hood" users that don't really understand markets at all. Once they see profit they will sell then I can begin shorting.

link

[–] • 1 pt

Hit 50 AH. Will have to wait at least a week to see what the options chain looks like.

parent
link

/s/MeanwhileOnReddit

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About this sub

This is a subverse for pointing out faguettery and censorship on Reddit, but also for popular and relevant content.

Posting tips:

After posting a link, don't forget to back up your shared link into at least one web archival service, such as the Wayback Machine (Web.Archive.org) and Archive.Today (Archive.Today).
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–– /u/AOU

Why Reddit can not be trusted.

In November 2016, Reddit CEO Steve Huffman (/u/spez) (old.reddit.com) edited comments of users criticizing him. (theverge.com)

Putting words into user's mouths, which means making them appear like they wrote something they never actually did, especially on sensitive posts, is one of the greatest violations of user trust possible.

Although shortly after he applogized and promised never to do it again, it clearly gives away how Reddit tends to handle criticism.

Resources

Wiki article: Criticism of Reddit (en.everybodywiki.com) - Anyone can contribute to the article.

Also see:

/s/Reddit • More general posts.
/s/MeanwhileOnVoat
/s/MeanwhileOnGab
/s/ModAbuse • Share stories about misbehaving leadership of any online community.
/s/Internet
/s/Introductions • Welcoming new Poalr Bears.
/s/CSS
Reddit-related posts on Poal

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