this post was submitted on 28 Mar 2024
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Reddit Insiders Selling Days After IPO; Shares Fall (www.investors.com)
submitted 7 months ago by scottywh@lemmy.world to c/reddit@lemmy.ml
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[โ€“] Ilovethebomb@lemm.ee 12 points 7 months ago (1 children)

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.

[โ€“] SorteKanin@feddit.dk 3 points 7 months ago

That's basically what I meant with mob thinking.