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Anyone who follows /r/wallstreetbets on reddit has probably heard a lot about this company recently. I didn't read most of the posts but it seems that most of t
by n0us 11y ago
Anyone who follows /r/wallstreetbets on reddit has probably heard a lot about this company recently. I didn't read most of the posts but it seems that most of them either hit it out of the park or went home tail between their legs on this one.
(I never day trade because I don't want to toss my money in the trash but it's interesting to follow)
Edit: https://www.reddit.com/r/wallstreetbets/comments/4clo1y/i_took_out_a_second_mortage_and_yolod_sune/ https://www.reddit.com/r/wallstreetbets/comments/4clo1y/i_to... seems many of them lost
- kchoudhu 11y agoSerious question about /r/wallstreetbets: is that sub a parody, or a collection of people with undiagnosed gambling issues?
- n0us 11y agoIt's comparable to Shekreli (one of their heros) raising the price of that drug and then treating it like a joke. They do things most sane people would never imagine, almost a competition to see who can be the most reckless. So in a sense it is serious in that many of them actually do trade. It's a joke in the sense that they treat it like one. Kind of like /r/theDonald
- nabaraz 11y agoBoth. I feel like there are ~some~ few really smart people in there.
- endymi0n 11y agoFunnily enough, viewing what you're doing there as "trading" comes a long way in hiding your gambling habit from both yourself and others. So much so, that certain extremely short running "binary options" trading platforms at least here in Germany do little to hide that they're offering a completely legal and unregulated form of gambling by showing plumbers and haircutters "earning money" by "trading" on these platforms in prime time TV ads.
- fweespee_ch 11y agoBoth. I'm active in there under a trolling account and I've had some serious conversations with some of the people outside of Reddit.
- Eliezer 11y agowhat in the name of god am I looking at