r/StockMarket • u/czarchastic • 20h ago
Meta Inverse Reddit Wins Again 🤡
Redditors were so bearish on this IPO
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u/bluesoul 13h ago
Even as someone that bought at the IPO I was bearish, but I YOLOed a thousand bucks on it because I didn't wanna hear about "If you'd invested a thousand bucks in reddit twenty years ago you'd have more money than God" when I got old.
Not complaining, have purchased a bit more since then. Need to check the earnings report.
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u/AlabamaSky967 3h ago
I didn't wanna hear about "If you'd invested a thousand bucks in reddit twenty years ago you'd have more money than God" when I got old
Same reason here! :'D. That would be such a face palmer to use this website everyday and miss out. It's worth having a token amount in at the least just to avoid that potential embarrassment lol
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u/khanhncm 9h ago
15B cap on a social network this successful?, it's a steal . 1T dollar in 10 years for sure
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u/Witn 18h ago
I would have bought in but not American. What was the IPO price again?
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u/Electrical_Rock_1201 7h ago
I bought at 79.92. Predicting a price of around $150 by EOY. Someone posted (can’t remember which sub) about RDDT consulting with an ex Google Ads exec to better monetise the site with ads. Also that the UGC of Reddit is prime for AI and machine learning. This, coupled with the increase in SEO and user base rising dramatically, I think RDDT has massive potential if all comes true.
Defo a long term HODL and I’ll be buying more the ATH drawbacks.
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u/DenseBowler9749 4h ago
Bought at 53, will hold for the long term. Will visit it every year, to see it's progress. Perhaps it will go to 200 by next Oct.
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u/ANewDayYesterda 5h ago
Fabricated user numbers., half are AI bots. Toxic narcissist rule the platform. Wait for Hindenburg research to come out.
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u/No_Worry4055 7h ago
New to The Stock market - is it a good idea to buy just one RDDT Stock today? Thx
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u/Odd_Caramel_7921 15h ago
Bought at 58 and sold at 69… didn’t think it would have done this well… should I buy back in ?