A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.
I’m not sure that conclusion follows. There are many more potential future users than there are current users.
That’s the logical framing. But if they believed that, they wouldn’t call their users a risk factor; they’d be the entire product.