Bull trap. Which will follow with a bear trap. Then after two bounces it'll crash like Robinhood.
this post was submitted on 29 Mar 2024
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Called it. Overvalued. The site has been is in dire need of investments to improve the platform. Give tools for the moderators to do their job properly (they're already working for free), improve the page layout, fight bots in a more intelligent manner, find innovative ways to make the platform turn a profit instead of resorting to the most assholeish, intrusive and abusive ways ever. But instead the dipshit that runs that dumpster fire gave himself a huge undeserved paycheck with the money that should have been used to do that so when it inevitably comes crashing down he has made some reserves.
I wouldn't be surprised if most of the traffic on that site is bots farming karma so they can spam some ads at that point and a significant portion of human accounts they have left are probably shadow banned by false bot detection. Every attempt they've made to make money out of the platform was so terribly thought through that it just unnecessarily resulted in a far worse experience for the userbase than it needed to, screwed over the people who work for free to keep running and was met with huge backlash every time. And they still can't turn a profit.
I'll stick to VTI and VXUS.
Ya love to see it folks.
Hey there, it's been a while, hope you are doing well
This reminds me of the things preceding the 1929 stock market crash. I'm not a history expert and know very little about it, but I recall that just before it happened, many people who ordinarily did not care about the stock market or had to means to care about suddenly started speculating in the market. That may not have lead to the crash but possibly it was a symptom of whatever has fuckening. I think just looking at us all here talking about how reddit this and that blah blah, that's a symptom of the impending market crash of the early 20's. LOL it would be hilarious if it happened exactly in 2029.
Elle oh Elle 😂
Let me know when it becomes a penny stock...