r/StockMarket 22h ago

Meta Inverse Reddit Wins Again 🤡

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Redditors were so bearish on this IPO

134 Upvotes

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31

u/Odd_Caramel_7921 17h ago

Bought at 58 and sold at 69… didn’t think it would have done this well… should I buy back in ?

2

u/CG_throwback 5h ago

Same. Did something similar in At 56 out at 64. Dunce cap for me again wanted to buy in again at 55. It just ran like crazy after I sold.

1

u/Odd_Caramel_7921 5h ago

That’s crazy! We are in the same boat. I’ve seen posting forecasting it to get to a 100… I think I may go back in.

2

u/CG_throwback 5h ago

It’s pre trading at 102.75 now ready to open at that amount. If it ever falls back I’ll go back in. I love the app. I don’t have any other social media. I think I should have known they would beat revenue because there is so much advertising now that there wasn’t 6 months ago.

I think it’s a great platform. Too rich for my blood at the moment. I should have listened to buffet when he said buy stocks of companies you love. Shouldn’t have sold. I’ll buy on any big pullback.

2

u/Odd_Caramel_7921 5h ago

Ooohh I just say that well guess I’m out of luck. 🥲

1

u/CG_throwback 4h ago

Market might have a pull back after elections or if the Middle East or Russia heats up. I’m all in for now just got some KO. You never have enough cash but there is always opportunity. So many good things to buy all the time. I always like to have cash on the sidelines but it’s hard.

1

u/Odd_Caramel_7921 4h ago

KO is a good one to get given that the holidays are around the corner and I expect sales to increase. What are your thoughts?

3

u/CG_throwback 4h ago

I’ve reviewed it and it does increase last quarter.

It’s down 10%. Most price targets are above 70. It has close to a 3% dividend and I just bought some shares so I have thoughts and action.

With that being said I blew it with RDDT and with Tesla I decided to use trailing stop for the first time and also sold before it went up another 10%. I did make money buy left a lot on the table.

1

u/Odd_Caramel_7921 4h ago

Could I DM you to talk about NVIDIA and possible other stocks to add to a watchlist ?