Reddit shares plunge almost 25% in two days, finish the week below first day close - eviltoast
  • Alpha71@lemmy.world
    link
    fedilink
    arrow-up
    153
    arrow-down
    1
    ·
    7 months ago

    We all knew this was a pump and dump scheme. Spez got his, fuck everyone else.

    • mojofrododojo@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      arrow-down
      1
      ·
      7 months ago

      did he really though? because I’d read a big chunk of that massive 100+ million dollar compensation was shares vested after IPO based on performance.

      hopefully it ruins them all.

      • Croquette@sh.itjust.works
        link
        fedilink
        arrow-up
        31
        ·
        7 months ago

        He sold 500 000 shares for a big fat paycheck. It’s not 100 millions of fictional dollars, but he still made out like a bandit.

            • bradorsomething@ttrpg.network
              link
              fedilink
              arrow-up
              3
              ·
              7 months ago

              $25 million will allow you to, at best, snort cocaine off a hooker’s forearm. Not doing it off her ass is like seeing a partial eclipse.

          • nbdjd@lemmy.world
            link
            fedilink
            arrow-up
            9
            ·
            7 months ago

            Me. I can live on that. I would have to change my habits like eating more but that’s something I am willing to change.

            • pikmeir@lemmy.world
              link
              fedilink
              arrow-up
              1
              ·
              7 months ago

              Lobster and sushi only on days that end with a Y. It’ll be tough cutting back but he’ll manage.

                • JasonDJ@lemmy.zip
                  link
                  fedilink
                  arrow-up
                  2
                  ·
                  edit-2
                  7 months ago

                  Sure. I’m just pointing out that a million bucks isn’t that much in the grand scheme. A life-changing amount to just get one day, sure. But it’s still basically “own a house” rich. Woopty-do. Every boomer within 10 miles of a major metro with a paid of mortgage is nearly a millionaire just in their primary residence.