[wavesounds]

"their mere interest in something doesn’t disqualify it" - It certainly raises suspicions though. It really feels like certain groups have gotten good at turning particular news events or ideas into memes and sharing them as widely as possible in order to push a narrative that manipulates the markets. Which is probably why this story is now on the front page of HN. We certainly saw this with crypto and now it feels to me at least like those same tactics are being applied more and more to the larger stock market.

[tyleo]

I agree with this point. It isn’t the case that WSB interest disqualifies the viability of financial information… but it also doesn’t make it more credible.

The point I disagree with (and I think the original post is making) is just because an unpopular group (WSB) is interested in something, doesn’t discredit it.

[this_user]

> The point I disagree with (and I think the original post is making) is just because an unpopular group (WSB) is interested in something, doesn’t discredit it.

If that groups has consistently been wrong about everything for two years, then it absolutely does. It's like Jim Cramer: If he states something, there is at least a 90% chance that the opposite will happen.

[rcarr]

They’re at 60% of the float locked up with DRS now. Once they get to 100% then the true measure of whether they were right or wrong can be ascertained.

[qwytw]

> there is at least a 90% chance that the opposite will happen.

That'd be cool. You could make a lot of money. Unfortunately he's probably closer to 50%.