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If the argument is everyone’s making bank on these meme stonks and it turns out to only be a tiny fraction of the user base that are ending in the black, the ar
by germinalphrase 6y ago
If the argument is everyone’s making bank on these meme stonks and it turns out to only be a tiny fraction of the user base that are ending in the black, the argument isn’t very well founded.
- moolcool 6y agoYou can make that argument about literally any retail investing. Of course it's a gamble, it's right in the title. Wall Street Bets.
- germinalphrase 6y agoYou are simultaneously deriding those skeptical of WSB while telling off my skepticism by saying “of course they’re rubes!”
- moolcool 6y agoSome of them are really intelligent investors who know what they're doing, and some others are jumping on the bandwagon and don't really understand what's going on.
- aurelius12 6y ago98% of them have no idea what's really going on.