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Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by FeistyOtter on Saturday February 06, 2021 @02:33AM (#26044861)
Isn't it what WSB is all about? Pick a stock, bet on it, and when you lose you post your loss porn to the subreddit? I assume people new to WSB will take this seriously, and it does pose a threat to the sub's health, but older members know exactly what they are getting into.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by aahortwwy on Saturday February 06, 2021 @02:59AM (#26044984)
The vast majority of WSB members weren't on the subreddit two weeks ago. At this point it may as well be a completely different community.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by EQVEYWDCHQ on Saturday February 06, 2021 @03:11AM (#26045057)
It was also a completely different community at 50k vs. 500k etc. At that point it started hitting /r/all consistently.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by pjc50 on Saturday February 06, 2021 @07:25AM (#26046087)
/r/all does immediately ruin the subreddits that appear there.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by tourist_ on Saturday February 06, 2021 @03:09AM (#26045048)
To put this in context, the member count went from (at most) 1.5M to 8.5M within weeks. No wonder it got crazy out there.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by yongjik on Saturday February 06, 2021 @03:28AM (#26045152)
I don't know exactly what WSB is all about, but there are way too many people who seriously think this is some kind of popular uprising against evil hedge fund to take back the profit they deserve. (Or at least there were, until a few days ago.)

I don't think they'll like "Bro, it was always about making fun of how much money you lost."

Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by guerrilla on Saturday February 06, 2021 @02:43AM (#26044898)
That was my view of it too. It really creeps me out that there are all these articles with "Should you take investing advice from reddit?" when WSB has never, as far as I know, been anything but high-risk fucking around for fun and profit (or loss.)
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by rahkiin on Saturday February 06, 2021 @02:49AM (#26044933)
The sub, at least until 3 weeks ago, was all about showing losses and being called a retard because you lost hundred of thousands on some stupid bet. Of course there were some successes.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by jedmeyers on Saturday February 06, 2021 @02:50AM (#26044938)
> Isn't it what WSB is all about?

I mean, yeah, the "bet" is even in the name.