Reddit files to list IPO on NYSE under the ticker RDDT
SoleInvictus @ SoleInvictus @lemmy.world Posts 4Comments 478Joined 2 yr. ago

SoleInvictus @ SoleInvictus @lemmy.world
Posts
4
Comments
478
Joined
2 yr. ago
Absolutely correct. I played around with options several times during the height of the pandemic and lost over 99% of my investment. I think it was about 99.3%. It's straight up gambling.
Shorting a stock can result in you owing more than you've already spent. That's back alley gambling.
Keep in mind there are literally thousands of Redditors who have the same idea.