They already pumped it and dumped, you’re seeing the after effect now.
How's that IP goin'?
Submitted 2 years ago by goblin@lemmynsfw.com to [deleted]
https://lemmynsfw.com/pictrs/image/2ef80a32-65fa-42c2-b3fc-4678c3225012.png
Comments
db2@lemmy.world 2 years ago
driving_crooner@lemmy.eco.br 2 years ago
OP: *post on c\shitposting *
Nerds: actually, the valuation from the IPO have being up 20%, and you can’t evaluate an stock from its movements on a couple of hours.
Kusimulkku@lemm.ee 2 years ago
*Agenda posts*
“This is misleading”
“Hehe nice try but I posted it to shitpost subreddit so you shouldn’t say anything about that”
I don’t think it works like that lol
driving_crooner@lemmy.eco.br 2 years ago
Agenda post? My friend, I’d the rich people emotional support line. Isn’t real.
confluence@lemmy.world 2 years ago
Truth Social should be next
wintermute_oregon@lemm.ee 2 years ago
I ponder who the fuck is buying truth social. That is the puzzling part to me.
awwwyissss@lemm.ee 2 years ago
Very wealthy people who want to transfer money to Trump outside of legal channels in exchange for favors political favors.
arin@lemmy.world 2 years ago
Dumbass Republicans with their dad’s oil inheritance
andrewth09@lemmy.world 2 years ago
God, please don’t turn Lemmy into “haha reddit stock goes down” literally any time their stock fluctuates.
grrgyle@slrpnk.net 2 years ago
A similar thing happened with one of my favourite podcasts: Tech Won’t Save Us. They just started crowing about what a craven loser Elon Musk was at every opportunity. And it really sucked all the life out of the podcast for me. Like it used to be super interesting, well researched, broad, hopeful; and suddenly it seemed to only be about dunking on billionaires.
Which, deserved. But I don’t want to hear about Musk’s stupid machinations while I’m doing food prep. I want to hear about something cool, like collective action in India.
Maybe I’m in the minority though. Or maybe it’s gotten better by now. Idk
Moneo@lemmy.world 2 years ago
They probably noticed a huge bump in numbers in the episodes where they shit on Elon. There’s a weird dynamic where toxic shit partially maintains it’s popularity because content that focuses on debunking it gets eaten up. So ‘sane’ creators have to decide between creating interesting things or repeatedly dunking on some toxic shit that it grows their platform.
HRDS_654@lemmy.world 2 years ago
It’s kinda how I feel about any shitty person that gets clowned on. At some point it’s just like “yeah, we all know this person is a POS, what else is new”.
summerof69@lemm.ee 2 years ago
I think they’ve just had the IPO, that’s why we see it. But I wouldn’t worry in the long term unless something major happens, but that applies to any major social media.
jeffw@lemmy.world 2 years ago
Is this anti-Reddit? It’s still up like almost 30% since the IPO?
goblin@lemmynsfw.com 2 years ago
line go down
jeffw@lemmy.world 2 years ago
Now change the view to anything but 1 day. Line go up. So what?
gravitas_deficiency@sh.itjust.works 2 years ago
I just don’t like the stock
ChillPill@lemmy.world 2 years ago
ObviouslyNotBanana@lemmy.world 2 years ago
Anyway
brlemworld@lemmy.world 2 years ago
LifeInMultipleChoice@lemmy.world 2 years ago
Down to 48 something now.
Etterra@lemmy.world 2 years ago
Get back to us in 6 months and we’ll see how it’s going. I have low expectations. Somehow capitalism always finds a way to propagate itself, no matter how little sense it makes.
jordanlund@lemmy.world 2 years ago
ObviouslyNotBanana@lemmy.world 2 years ago
That’s a bad shitpost
Zuberi@lemmy.dbzer0.com 2 years ago
I hate reddit as much as the next guy (made 25% shorting on day 1)
But yes this shit post is dumb as fuck, it went up a ton the second options went live lmao
doggle@lemmy.dbzer0.com 2 years ago
Extremely volatile, as anyone expected. Since they started the IPO at $34 things aren’t going bad at all so far.
Give it a year, and we’ll see what the company’s actually worth.
Feathercrown@lemmy.world 2 years ago
gravitas_deficiency@sh.itjust.works 2 years ago
Wheeeeeeeeeeeeeeeeeeee
200ok@lemmy.world 2 years ago
AllonzeeLV@lemmy.world 2 years ago
…And nothing of value was lost.
EdibleFriend@lemmy.world 2 years ago
werefreeatlast@lemmy.world 2 years ago
Great penny stock next week
gmtom@lemmy.world 2 years ago
🎵It all returns to nothing. It all comes tumbling down tumbling down tumbling down🎵
MedicPigBabySaver@lemm.ee 2 years ago
Eat shit and sink. Stupid fuckers.
tacosanonymous@lemm.ee 2 years ago
Can the kids in the stocks subreddits do a reverse GameStop on this?
Would just be hilarious if this thing went to zero in the first month.
PatFussy@lemm.ee 2 years ago
This happens to almost every single IPO ever…
Semi-Hemi-Demigod@kbin.social 2 years ago
OP shorted it and is trying to wag the dog
MxM111@kbin.social 2 years ago
Now do yesterday!
MeatsOfRage@lemmy.world 2 years ago
Looking at a couple hours of a stock means nothing and is purposely misleading. Zoom out and it’s got pretty good upward consistency.
Posts like this are like the sad ex who can’t move on and just makes up bullshit about their former partner. Let’s move on and make Lemmy better instead of being stuck on making up fake news.
awwwyissss@lemm.ee 2 years ago
Sir, this is a
Wendy’sshit posting communityKusimulkku@lemm.ee 2 years ago
This feels like straight up agenda posting. Posting it to a shitposting sub doesn’t make it any different.
ObviouslyNotBanana@lemmy.world 2 years ago
People really seem to think this community has only serious bones in its ruling body
saltesc@lemmy.world 2 years ago
I do this all the time in my reports to execs. If they’re not paying attention to something I’ve been raising, I zoom the y axis in to show big up and down ticks in a visually alarming way. Similarly if they’re obsessed with something stupid, I zoom out and show a much more flatlined and consistent graph so they get the big picture.
wolfpack86@lemmy.world 2 years ago
Facebook stock had a notoriously horrible IPO. I bought at open and had friends laughing at me when it went to $18ish. I doubled my position.
Finally sold most of those shares at $475.
BeansLeg@lemm.ee 2 years ago
I agree with the sentiment but it certainly has not been a clear upward trajectory. Image
MeatsOfRage@lemmy.world 2 years ago
Yea now it’s going through fluctuations. When this post went up it was at the peak of the 26th. Either way, we gotta wait this out before jerking ourselves off about a stock crash.