[trap_chateau]

I think I'm convinced of manipulation. The memeing and the gameifying investment, calling each other retards (because you, user, you don't know _anything_) and the long obscure unfalsifiable ramblings about predictions or valuable investments hitting the top of the page, it all just seems a little fishy to me.

[totalZero]

Hard to argue that reddit is a cartel.

On the other hand, the multi-billionaires who are loaning one another billions of dollars to batten down their GME shorts....that seems somewhat manipulative to me.

These hyper-rich guys babble on about efficient markets but they work together to corner the market on particular securities. And they don't do it in public on the internet. They use the full weight of their reputations and relationships.

[EdwardDiego]

/r/wsb has always struck me as being an offshoot of 4chan, with their self-labelling as autists and retards.

And 4Chan a) isn't dumb, but they like doing dumb shit and b) they love brigading. Pool's closed etc.

But what's interesting is how the institutional outrage is merely fuelling the brigading.

The institutional investors crying in the media only confirms WSB's beliefs that they've found a weak spot in the institutions, so they're going to stick it in harder.

I admire their attitude, but not enough to put my money in to what feels like an giant troll.

[ALittleLight]

The tagline for WSB is "It's like if you gave 4chan a Bloomberg terminal."

Personally, I'm buying in the money puts expiring in 2023. No way Gamestop is doing better now, or has a better future now, than it did five or ten years, yet their stock's at an all time high? These hijinks may continue for some time, but I doubt it'll last years, price will settle and I'll hopefully make a modest profit.

[thebean11]

Those puts have got to be expensive right? Even /r/wsb switched to shares because premiums were so high.

[ALittleLight]

Yes. I suppose time will tell if it was a good bet or not.

[electriclove]

No, it really is just random people rallying together. What is fishy is who is on the other end of the play and getting a black eye for once.

[konjin]

That comes from chans, which the average wsber from 3 years ago would have spent their teen years in. It is literally men hitting middle age, finding they have more money than they know what to do with and shit posting with it.

This is said as someone who has made high six figures from yolo trades because I thought it would be funnier to lose the money than put it in a savings account.

[thrwyoilarticle]

Occam's razor: posts you don't understand are not part of a dark conspiracy involving 2 million people with secret codes and manipulation; you just don't know as much as them.

[doggosphere]

https://www.reddit.com/user/DeepFuckingValue/

A bit of luck, a bit of smarts. Build it and they will come?

[PartiallyTyped]

What are the odds that the reddit proletariat is manipulating the market and not the frat boys making millions and dictating the narrative?