WallStreetBets Megathread for Jan 30-31. Discuss this dramatic happening here

Yeah, I saw that too. Any signs of people exercising caution are downvoted by people who discovered the sub 4 days ago shouting “you don’t understand what the sub is all about!”.

And you shouldn’t feel bad for anyone like that, even if it’s the average person. It takes a fool to think that they can gamble all their money on the stock market because the internet says so.

That sub is like 20% dudes who already got out and made their profit, 70% activists who have misunderstood this whole thing to be about “taking down the man”.

The remaining 10% unfortunately seem to be people who think this is a get rich quick scheme that requires no prior knowledge or research. Some even seem to think they will be kindly told by everyone when to sell before it crashes. They’ll be left bag holding and cry the next time they watch their favourite Martin Scorsese movie, probably.

As I said before I only feel bad for OG members of that sub because if it survives getting banned by Reddit (unlikely imo) it certainly won’t ever be the same again.

/r/SubredditDrama Thread Parent