Is it ok to create communities here for other stocks, ETFs, options and investments?

  • Chives@lemmy.whynotdrs.org
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    1 year ago

    I would be glad to see investing communities for other stocks be started here. Same for other investing vehicles.

    As @apes_on_parade@lemmy.whynotdrs.org mentioned, it’s something where we would love community input (like this topic) on.

    If you are interested in opening and moderating a community for, say, mutual funds - go for it!

    • llamaOP
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      1 year ago

      A shortcoming of Lemmy is that, while anybody can post, comment or moderate in a community, you have to be on the instance to setup the community. Definitely interested in doing all three but somebody else will have to setup the various communities. Which in a way is good because I think the admins should decide how they want to structure the instance.

  • apes_on_parade@lemmy.whynotdrs.org
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    1 year ago

    Getting stakeholders to come together to collectively decide on policies has been… slow going.

    I’ve provisionally proposed the following scope for communities on the instance: “subjects relating to GameStop, household investors participating in US stock markets, direct registration, and/or related economic and financial topics” https://lemmy.whynotdrs.org/post/1209

    I personally would like to allow it to include other stocks, and DRS thereof. I’m not yet sure about that including communities whose focus is ETFs, options, or other investment vehicles, but discussion of these topics is obviously relevant within communities. But I do think some community input into the scope of the instance needs to happen.

    • llamaOP
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      1 year ago

      AFAIK this is the only investing related instance as of yet, but I have a feeling that might change soon. Mods coming over want to control an instance and it’s communities rather than a few communities alone on an existing instance. I could see this as becoming the go-to place for people to discuss all types of investing, and in the process learning about DRS and how to put your holdings into your own name.

      • prsmike@lemmy.whynotdrs.org
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        1 year ago

        Yeah I agree with this take and think that’s a good idea. DRS is really about ownership and is larger than just GameStop. I also think that the restrictive GME only rules put in place at Superstonk limits the scope and reach of conversations that you can have there. It is also a common tactic for shills to attack good information if it breaks some arbitrary ‘GME only’ rule.

    • apes_on_parade@lemmy.whynotdrs.org
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      1 year ago

      I added “holding the financial industry/Wall Street accountable”

      I personally am still unfavorable towards other investment vehicles outside of publicly traded US equities. Between options, ETFs, OTC equities, crypto, lesser regulated investments, and even outright scams, I could see things spiraling into a spamfest. We shall see though.

  • Jmarie777@lemmy.whynotdrs.org
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    1 year ago

    In the spirit of leaving no stone unturned in the crowd sourced investigation of financial fuckery that is happening here, I think open discussion about DRSing any other stock should be welcome as many people are navigating the DRS system for the first time and learning as they go. Limiting the flow of information should be avoided here as much as possible.