this post was submitted on 24 Feb 2024
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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] sugartits@lemmy.world 30 points 8 months ago (9 children)

This feels like another "Netflix are coming after password sharing, HOW DARE THEY, EVERYONE WILL CANCEL AND THEY WILL BE BANKRUPT IN 6 MONTHS" circlejerk we recently read.

Then Netflix announces a pretty good quarter and all of a sudden these people are silent.

This feels like it'll be that. I could be wrong. But it really feels like the echo camber will lose its mind again in a few months when the stock is priced above zero and maybe actually doing quite well.

[–] Grandwolf319@sh.itjust.works 4 points 8 months ago (5 children)

I just canceled a week ago.

Please note that some of us are in family plans and it just took that long to convince everyone to drop Netflix.

Sometimes it’s less of a burst and more of a slow burn.

[–] Trollception@lemmy.world 3 points 8 months ago (1 children)

The ironic thing is that Netflix didn't have family plans.

[–] Mossheart@lemmy.ca 5 points 8 months ago

They allow for multiple user profiles in one account and multiple concurrent streams. A family plan by any other name.

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