Re:Reddit’s profane, greedy traders are shaking up the stock...
by DennisP on Wednesday February 26, 2020 @03:15PM
(#22426855)
So your theory is that they're terrible traders, and your evidence is that they made huge profits on call options?
[ Parent
| on HN ]
Re:Reddit’s profane, greedy traders are shaking up the stock...
by martin_bech on Wednesday February 26, 2020 @03:19PM
(#22426883)
Nope his theory is that most trading is algos, and you can mess with algos, by doing crazy stuff.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by geneticswag on Wednesday February 26, 2020 @03:42PM
(#22427105)
Case and point, just five years ago Redditors figured that out that by upvoting a post of image of a potato titled "Gaming Console. If you upvote this potato it will show up on Google Images when people search for Gaming Console." It even borked their news algorithm - https://i.imgur.com/A0zLPSR.png
Re:Reddit’s profane, greedy traders are shaking up the stock...
by asavadatti on Wednesday February 26, 2020 @03:51PM
(#22427192)
Not trying to be a jerk but the phrase is "Case in point".
Re:Reddit’s profane, greedy traders are shaking up the stock...
by reaperducer on Wednesday February 26, 2020 @04:20PM
(#22427462)
It's fine, for all intensive purposes.
(This is what happens when a society stops reading books.)
Re:Reddit’s profane, greedy traders are shaking up the stock...
by mrandish on Wednesday February 26, 2020 @04:56PM
(#22427797)
By in large, you are correct.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by misterprime on Wednesday February 26, 2020 @04:57PM
(#22427812)
I really could care less.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by justanotherc on Wednesday February 26, 2020 @06:31PM
(#22428657)
Common guys, getting the phrasing right is not rocket appliances.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by tialaramex on Thursday February 27, 2020 @04:26AM
(#22431873)
Their right hand side doesn't mention it, so I'm intrigued whether this sub-reddit pre-dates Language Log naming almost this same type of mistake an eggcorn?
Specifically an eggcorn involves an erroneous analysis, in the name example a person figures an acorn does look rather like an egg and so maybe that's why the name for it is "eggcorn". Likewise "tow the line" mistakes the metaphor as involving pulling a rope rather than standing against a chalk mark ("toe the line") and "free reign" assumes it's about some analogy to absolute power of kings rather than controlling horses.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by econcon on Wednesday February 26, 2020 @09:07PM
(#22429695)
Wrong application becoming popular sometimes results in new phrases.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by ibeckermayer on Thursday February 27, 2020 @01:44AM
(#22431182)
ABCDEFGHIJK ELEMENO-PEE
Re:Reddit’s profane, greedy traders are shaking up the stock...
by jartelt on Wednesday February 26, 2020 @05:24PM
(#22428076)
Similar for "all intensive purposes" vs "all intents and purposes"
Re:Reddit’s profane, greedy traders are shaking up the stock...
by maxerickson on Wednesday February 26, 2020 @06:11PM
(#22428514)
Game set in match!
Re:Reddit’s profane, greedy traders are shaking up the stock...
by keithlfrost on Wednesday February 26, 2020 @09:53PM
(#22429953)
here here! okay, i'm going to reign this in.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by musicale on Thursday February 27, 2020 @02:18AM
(#22431360)
You could of been a contender, but I disagree with your basic tenants. You are so bias.
Reading this whole thread is nerve-wracking and puts me through the ringer.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by geneticswag on Thursday February 27, 2020 @03:14PM
(#22437306)
this... makes a lot more sense
Re:Reddit’s profane, greedy traders are shaking up the stock...
by trengorilla on Thursday February 27, 2020 @03:05AM
(#22431539)
People have been doing this pretty much since Google existed.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by henryfjordan on Wednesday February 26, 2020 @04:18PM
(#22427438)
A few lucky ones made money on terrible bets. There's no way that the posters to that subreddit are breaking even in aggregate.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by plorkyeran on Wednesday February 26, 2020 @07:11PM
(#22428965)
AFAICT the overwhelming majority of posters on WSB are basically burning money. Make enough bad trades and eventually one will accidentally make a bunch of money, but it's definitely not the norm.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by dragontamer on Wednesday February 26, 2020 @07:27PM
(#22429082)
Honestly, I'm convinced that most know how to hit F12 on Firefox and edit HTML pages to 'prove' that they are buying meme stocks. I have zero expectation that their 'proof' is even proof.
All modern web browsers have a debug mode that allows you to easily edit HTML.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by manigandham on Wednesday February 26, 2020 @08:44PM
(#22429564)
Most of the screenshots are from Robinhood mobile and real. Who's actually posting what is the difference and you only see the big gains and losses since they're exciting and not the thousands of people losing money daily on bad trades.
Re:Reddit’s profane, greedy traders are shaking up the stock...
by jayrot on Thursday February 27, 2020 @03:23PM
(#22437387)
Sports gambling culture operates almost exactly the same way. The guy who shows you his $1000 at beginning of the season for the Chiefs to win the Super Bowl is already $100,000 in the hole from other bets.