AMA used to be a pretty big draw for lots of people who didn’t regularly use the site and often made international news, but they fucked that right up.
AMA used to be a pretty big draw for lots of people who didn’t regularly use the site and often made international news, but they fucked that right up.
Why on earth would they give those sweet pre-IPO shares up to the unwashed masses if they thought there was even a remote chance the IPO would at least break even?
I suspect it’s because they’re worried that their users are going to short them and encourage others to do the same, so they’re trying to get them involved and committed. They don’t want WSB causing shit. My guess is that the share prices will do pretty well, at least initially. There are plenty of ignorant investors who want to get in on the next big tech stock. Just a guess though, I don’t know enough about this stuff to invest in stocks myself.
Yeah, turned out I was actually more loyal to the app I was using than I was to the platform. Though I was also pretty good to the platform, I contributed and interacted daily and often spent money buying gold. I tend to take the attitude that if I’m getting a lot of use out of something I don’t mind spending a little to support it. That’s all in the past now and I wonder how many other paying users they burned.