▲ 215 ▼ Reddit Insiders Selling Days After IPO; Shares Fall (www.investors.com) submitted 2 years ago by scottywh@lemmy.world to c/reddit@lemmy.ml 32 comments fedilink hide all child comments
[–] bigfoot@lemm.ee 26 points 2 years ago (2 children) How in heck is Truth Social worth more than twice Reddit permalink fedilink source hideshow 4 child comments replies: [–] SorteKanin@feddit.dk 39 points 2 years ago (1 child) Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality. permalink fedilink source parent hideshow 2 child comments replies: [–] Ilovethebomb@lemm.ee 12 points 2 years ago (1 child) Not mostly, but people are buying Truth Social shares not because they think it's a sound financial decision, but because they support the company. It's meme stock logic. permalink fedilink source parent hideshow 2 child comments replies: [–] SorteKanin@feddit.dk 3 points 2 years ago That's basically what I meant with mob thinking. permalink fedilink source parent [–] supangle@lemmy.wtf 1 point 2 years ago chat … is this actually real? fucking trump has more value? permalink fedilink source parent
[–] SorteKanin@feddit.dk 39 points 2 years ago (1 child) Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality. permalink fedilink source parent hideshow 2 child comments replies: [–] Ilovethebomb@lemm.ee 12 points 2 years ago (1 child) Not mostly, but people are buying Truth Social shares not because they think it's a sound financial decision, but because they support the company. It's meme stock logic. permalink fedilink source parent hideshow 2 child comments replies: [–] SorteKanin@feddit.dk 3 points 2 years ago That's basically what I meant with mob thinking. permalink fedilink source parent
[–] Ilovethebomb@lemm.ee 12 points 2 years ago (1 child) Not mostly, but people are buying Truth Social shares not because they think it's a sound financial decision, but because they support the company. It's meme stock logic. permalink fedilink source parent hideshow 2 child comments replies: [–] SorteKanin@feddit.dk 3 points 2 years ago That's basically what I meant with mob thinking. permalink fedilink source parent
[–] SorteKanin@feddit.dk 3 points 2 years ago That's basically what I meant with mob thinking. permalink fedilink source parent
[–] supangle@lemmy.wtf 1 point 2 years ago chat … is this actually real? fucking trump has more value? permalink fedilink source parent