this post was submitted on 30 Mar 2024
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Reddit shares plunge almost 25% in two days, finish the week below first day close (www.cnbc.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 5 months ago (1 children)

Well, spez and the COO sold over a million shares. I thought they'd be tied down by some kind of lock-in period.

[–] [email protected] 1 points 5 months ago (1 children)

Considering that 'opportunity' they gave to long term reddit users it seems like this fleecing was planned from the get go.

[–] [email protected] 2 points 4 months ago

Yup, this is why I didn't buy. I didn't smell a good intention. (Although, I refrained from judging whether the price would go up or down.)