ST Alpha - "I hate the narrative. Was reading a lot about this over the weekend and it's hard to say how much of this is actively attributed to reddit" (Reading a Post)

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In response to "I already hate the name. But, um, wow that was fast? -- nm" by ty97

I hate the narrative. Was reading a lot about this over the weekend and it's hard to say how much of this is actively attributed to reddit

Posted by oblique (aka kkuphal) Feb 1 '21, 06:33

It makes for a nice story but the reality is probably more your typical wall street organizations making money off the backs of that story. The "little guys" are likely to be left holding the bag.

Responses:

I haven't followed closely, but the "little guys" are being encouraged to hold from what I've seen. - Cuzzin Todd Feb 1, 07:23 1
- Answer: It's complicated. Gamestock isn't operating on a value proposition right now. It's operating on the premise that there are large short - oblique Feb 1, 07:29
Well, The Social Network and The Social Dilemma, the first two parts in this trilogy, weren't exactly uplifting narratives either. -- nm - Qale Feb 1, 07:02 1
- But the narrative is false IMO. -- nm - ty97 Feb 1, 07:12
Yuuuuup. -- nm - znufrii Feb 1, 06:36
YEP -- nm - ty97 Feb 1, 06:36

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I hate the narrative. Was reading a lot about this over the weekend and it's hard to say how much of this is actively attributed to reddit

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