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by ra5 2309 days ago
As a regular of WSB, this article is just absolutely absurd. Which I guess is the regular for Bloomberg these days (seemingly the Buzzfeed of business news it appears). All you'll find on WSB is a bunch of homophobic bored desk workers. The idea that subreddit of only a few thousand guys (mostly) with an extra $500 to blow on meme stocks can move a stock in _any_ significant way is laughable.
2 comments

Yeah, I was under the impression that ~95% of posters on WSB don't actually day trade and are just there to meme and laugh at the trolling/idiocy. The other 5% are the fools YOLOing their college loans.

The charm of the subreddit is that it's hard to figure out who's who.

I agree. I used to frequent it years ago and from what I can still it’s still mostly memes...