scottywh@lemmy.world to Reddit@lemmy.ml · 1 year agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square33fedilinkarrow-up1218arrow-down13cross-posted to: reddit@lemmy.worldnews@lemmy.world
arrow-up1215arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to Reddit@lemmy.ml · 1 year agomessage-square33fedilinkcross-posted to: reddit@lemmy.worldnews@lemmy.world
minus-squareBigfoot@lemm.eelinkfedilinkarrow-up26·1 year agoHow in heck is Truth Social worth more than twice Reddit
minus-squareSorteKaninAlinkfedilinkarrow-up42arrow-down1·1 year agoBecause the stock market is mostly based on mob thinking/human psychology rather than being based on reality.
minus-squareIlovethebomb@lemm.eelinkfedilinkarrow-up12·1 year agoNot 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.
minus-squareSorteKaninAlinkfedilinkarrow-up4·1 year agoThat’s basically what I meant with mob thinking.
minus-squaresupangle@lemmy.wtflinkfedilinkarrow-up1·11 months agochat … is this actually real? fucking trump has more value?
How in heck is Truth Social worth more than twice Reddit
Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality.
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.
That’s basically what I meant with mob thinking.
chat … is this actually real? fucking trump has more value?