SEC suspends trading in 15 securities due to questionable social media activity

Re:SEC suspends trading in 15 securities due to questionable... by awb on Friday February 26, 2021 @10:27PM (#26282333)

I'm not sure I'm on board with that lead analogy because everyone's investing goals are different.

I'd say WSB encourages highly volatile, short-term investments. For most people that's bad advice. For others, they'd much rather be broke or a millionaire than wait 40 years for their savings to steadily accumulate into a reasonable nest egg.

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Re:SEC suspends trading in 15 securities due to questionable... by retsibsi on Saturday February 27, 2021 @03:44AM (#26283559)

It's not just the goals, it's the reasoning. There are highly upvoted advice posts that are transparently illogical and/or based on factual errors.

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Re:SEC suspends trading in 15 securities due to questionable... by Ntrails on Saturday February 27, 2021 @05:12AM (#26283850)

I popped on at the height of the turn to see multiple posts about a "short ladder attack", a concept that exists nowhere except in the echo chamber of WSB.

The groupthink levels are enormous and frankly terrifying

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Re:SEC suspends trading in 15 securities due to questionable... by ikiris on Friday February 26, 2021 @10:37PM (#26282377)

lead is a great analogy here because its a sweetener.

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