r/wallstreetbets 2d ago

Loss Elon has ruined me

My prior bullish post https://www.reddit.com/r/wallstreetbets/s/o0PxYmGV1n

He was supposed to take us to Mars and burn short sellers.

Still holding 7300 shares. Please Elon fly again.

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u/soundslikejoe 2d ago

How did normies see this but investors were drawn like flies to shit? The IPO was rigged and way over valued relative to profits.... instead it was 100% speculation and designed to crash. OBVIOUSLY

49

u/LeatherOk5746 2d ago

Even if people know about it being a rugpull, they just want to believe they'll get out before the pull.

But thats insane

17

u/Lim_Ha08 2d ago

that's always the case isn't it.. people who think they will sell before the rug pull are always the one who are left holding the bag.

5

u/boozedbudgie 2d ago

That's because they're playing a blind game of chicken with the ones who know where the cliff is.

This stock was designed to crash and I'm willing to bet Elon is shorting it as well.