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.
Why would the price go up?
The only way to make money is sell comments to AI developers, and users hate that.
It’s completely unprofitable and the days of throwing tech bro money into bottomless pits is over