The mods should ban you here just because you were eligible to that scam.
It would be very funny if all the people who bought stock before IPO immediately sell it to tank the price.
Second most funny thing would be if the top 75,000 nerds bought a bunch of reddit stock at the pre IPO price and the price just fucking tanks right as it opens and they're all left holding the bag.
I think the second thing is far funnier because for weeks there would be reddit posts like this one "Guys, I'm $10k down from the IPO. Should I sell now or wait?" And a few months later they say "Guys, um - I want reddit to succeed but I'm down $25k. What should I do?"
And - of course - the top replies are stuff like 'You gotta stay strong 'cause this thing is gonna turn around. It's gotta!" Eventually when it's too late Biden's DOJ investigates reportage that such comments were a tiny part of a massive scheme on the net involving bot and AI to manipulate the stock price. Trump won the election and the expected and highly loyal AG Scott Baio says "There's a new sheriff in town. Reddit stock price went down? Boo-hoo. People at Reddit lost money? Good. They deserve it."
I like both of these ideas
"Now that we've fucked everything up and pissed everybody off please bail us out."
It is at this moment I regret deleting my top 1% account. If only so I could ruin their metrics by not participating in the IPO.
I may be wrong but isn't that a sign that they can't find buyers for the public shares and have to try and sell it to potentially committed reddit users?
Inshallah it means reddit will go down
I think it's more trying to make themselves a meme stock for the hype like Tesla or Gamestop
lol i got that too
Never been happier to be a bad poster. No notification for me.
Recently deleted my reddit account I hadn't touched in years because of the ai farming story. Gave the reason for closing as that it's a despicable website with questionable motives. Thanks for giving me more evidence I made the right choice.
the weirdest thing about this is that it took this long to happen
🤮 reddit 🤮
What stats do you think put you in the top 75,000?
My account is almost 20 years old, tens of thousands of comments, and has millions karma. From what other people have said, it seems 400,000 comment karma or higher puts you in top 75,000.
Was active for years on certain hobby and technical subreddits, although a few years ago all those subreddits have gone from hundreds of thousands of subscribers with thousands of active users to ghost towns. Site really did go to shit for the only stuff it was actually useful for.
Really? The message I got just said that they were going to cut me a check as compensation for all my posting
Full message, supposedly: https://lemmy.world/post/12279729
I better get my rookie Hexbear numbers up if I want my
some day.Inshallah reddit will die in my lifetime
So all other considerations aside, it is never a good idea to purchase an IPO. They are guaranteed to plummet in value immediately, always.
LMAO they're not lasting a year
this makes me wonder why they decided to let users in on the IPO - did they not get enough traction in the traditional circles? Reddit has never really struck me as a particularly "community focused" company
This is so stupid because some of the most active people on the site participated with it via dozens and dozens of accounts rather than one. Analysing the individuals with the highest impact and value is nearly impossible. Some accounts were managed by groups, and accounts are not individuals.
Giving you the long, dense DSP
scammers are gonna have a field day with this
