If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?

you are viewing a single comment's thread
view the rest of the comments
[–] 139 points 2 years ago* (1 child)

It's all kinds of bots; Russian, Chinese, Liberal, Conservative, but most of all its Reddits own bots meant to inflate traffic stats ahead of the IPO.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 21 points 2 years ago (1 child)

    So what you're saying is we should short the stock to make it big

    Could even open a lawsuit and force reddit to investigate how much of their traffic is bots, immediately after the IPO

  • source
  • parent
  • hideshow 2 child comments
  • [–] 2 points 2 years ago

    This is not financial advice… typically these things balloon fast, and maybe stay up a week or two before anyone buying is done buying and the price collapses to the point informed investors want in. You can also have people doing price support early (“a squid on the bid”) to avoid a depressing price collapse in the opening phase, but that’s something you have to feel from experience.

  • source
  • parent