@scottywh to [email protected] • 1 year agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square29arrow-up1222arrow-down13cross-posted to: redditnews
arrow-up1219arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.com@scottywh to [email protected] • 1 year agomessage-square29cross-posted to: redditnews
minus-square@[email protected]linkfedilink40•1 year agoBecause the stock market is mostly based on mob thinking/human psychology rather than being based on reality.
minus-square@[email protected]linkfedilink12•1 year agoNot mostly, but people are buying Truth Social shares not because they think it’s a sound financial decision, but because they support the company. It’s meme stock logic.
minus-square@[email protected]linkfedilink3•1 year agoThat’s basically what I meant with mob thinking.
Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality.
Not mostly, but people are buying Truth Social shares not because they think it’s a sound financial decision, but because they support the company. It’s meme stock logic.
That’s basically what I meant with mob thinking.