At the height of meme stock mania in early 2021, the WallStreetBets forum on Reddit wasas people flocked to Reddit to discuss their plans to trade GameStop Corp. and other meme stocks.
Imagine if Reddit put a button next to each GameStop post saying “buy GME,” and if you clicked the button you could buy shares directly through Reddit? That just seems like it would be good business, and good customer service, each in a loose approximate way. Probably some compliance issues with that button. Probably some customers would be sad if they bought GameStop for $400 with one click after reading an enthusiastic but inaccurate Reddit post. Probably some lawsuits.
opinion Complicated...
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opinion Because this practice may lead to some negative effects. First of all, the Elon market hypothesis is a theory, not a reliable investment strategy.
opinion Hmm...sure!
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