Reddit’s profane, greedy traders are shaking up the stock market
1–10 of 364 posts
Re: Reddit’s profane, greedy traders are shaking up the stock market
#2Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#3Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
While it's mostly for jokes, it's also hit r/all enough times and has enough subs that if the sub jumps on a particular meme stock, they are enough to actually make it move.
So, it's somewhat ironically become a way to coordinate purchase/selling of a stock by getting enough of the hivemind to go along with a particular stock.
It's still a terrible place for general advice though.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#4Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
It is exactly that. Sometimes there's actual, solid, investment advice hidden in posts. Sometimes.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#5Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
It's mostly what you said but as the sub got more popular, a lot of people started treating it as sage advice to get rich quickly without understanding what they were doing.
There were a few posts by people pumping their stocks and the like but I think the current market correcrion/recession bell tolling will scare most people off
Re: Reddit’s profane, greedy traders are shaking up the stock market
#6> You're in private mode. Subscribe to continue reading in private mode.
I didn't realise that Bloomberg blocks private mode too. Messages like this assume that tracking is the default and make sure that we keep losing privacy. I really dislike this trend.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#7> You're in private mode. Subscribe to continue reading in private mode. I didn't realise that Bloomberg blocks private mode too. Messages like this assume that tracking is the default and make sure that we keep losing privacy. I really dislike this trend.
I didnt get that, I tried with Firefox 72. Note I am also using uBO 1.25.0.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#8Related: r/pennystocks
Re: Reddit’s profane, greedy traders are shaking up the stock market
#9Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
Even if they don't take it too seriously, I'm sure people pick up ideas there. If you see people talking about buying Tesla options every day, you'll probably consider it far more than you would otherwise.
Re: Reddit’s profane, greedy traders are shaking up the stock market
#10Wait, people actually go to /r/wsb for investment advice? The entire time I thought it was a mix of posting wins/losses along with some memes/humor.
I follow other subreddits like /r/investing /r/personalfinance /r/financialindependence that basically send people like this to /r/wsb.