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 making up fake news for internet points.
Sir, this is a
Wendy’sshit posting communityThis feels like straight up agenda posting. Posting it to a shitposting sub doesn’t make it any different.
People really seem to think this community has only serious bones in its ruling body
On the other hand, being posted to a shitposting sub doen’t make something a shitpost. Shitposts don’t have to be jokes but just feels like agendaposting, which feels a bit lame in a shitposting sub.
No, everything in here is shitposting.
Lmao
See, that’s the way to react!
I react to shitposts as such but agendaposts in a shitposting sub, that’s just lame imo.
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.
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.
I agree with the sentiment but it certainly has not been a clear upward trajectory.
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.
You’re right, I didn’t notice the post was a few days old. I completely agree with you then.
We can still jerk ourselves off the old fashioned way though.
They already pumped it and dumped, you’re seeing the after effect now.
God, please don’t turn Lemmy into “haha reddit stock goes down” literally any time their stock fluctuates.
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.
Anyway
Truth Social should be next
I ponder who the fuck is buying truth social. That is the puzzling part to me.
Very wealthy people who want to transfer money to Trump outside of legal channels in exchange for favors political favors.
Dumbass Republicans with their dad’s oil inheritance
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.
What a misleading post, it’s up a lot apparently.
Down to 48 something now.
Is this anti-Reddit? It’s still up like almost 20% since the IPO?
line go down
Now change the view to anything but 1 day. Line go up. So what?
It peaked at like 78, but now it’s been been on a downward trend
There’s always a spike.
So it went straight up for a week and had a 1 day correction but is still way up over the past 72 hours. What am I missing here?
Reddit bad, line going down is good. Don’t over think it.
Line go right
I just don’t like the stock
Edit: this is not investment advice
Price goes underground
You’re only looking at one day, not since the IPO dropped.
That’s a bad shitpost
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
Tbh I love a good shitpost that makes people fight
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.
Wheeeeeeeeeeeeeeeeeeee
Gonads and strife
…And nothing of value was lost.
🎵It all returns to nothing.
It all comes tumbling down tumbling down tumbling down🎵
Great penny stock next week