I feel like a lot of people wanna short it out of spite and a whale is gonna squeeze them out with a big buy like 2 weeks into trading. If puts are cheap I might grab one just for fun. It’m curious to see how WSB plays it.
Post GME prob have bots shilling it to lurkers wondering the same thing
After the price falls, I see them having a future as a data company. They already have 1 customer paying them $60m annually. Regardless of it’s future, they have over a decades worth of data in many areas. Spez already got his though.
Maybe, but I think it’ll take a bit longer. Reddit’ll be given some artificial value, then the initial stock will be flogged at 80% of that to make people think they’re getting a good deal, so loads of people will buy it, then the price’ll shoot up, so loads more people will buy that; meanwhile Spez’ll cash out his billions then when the true value of Reddit is realised there’ll be a “correction” - i.e. a crash, and the last bunch of suckers to buy will be sitting on a huge loss that’ll take years to recover from as it slowly inches back up by a couple of percent a year.
I guaran-fucking-tee that stock will crash as soon as IPO starts.
I feel like a lot of people wanna short it out of spite and a whale is gonna squeeze them out with a big buy like 2 weeks into trading. If puts are cheap I might grab one just for fun. It’m curious to see how WSB plays it.
Same
Pre GME they would’ve buried them, for fun ofc
Post GME prob have bots shilling it to lurkers wondering the same thing
After the price falls, I see them having a future as a data company. They already have 1 customer paying them $60m annually. Regardless of it’s future, they have over a decades worth of data in many areas. Spez already got his though.
God I miss that sub from back in the day, theres nothing quite like it.
Maybe, but I think it’ll take a bit longer. Reddit’ll be given some artificial value, then the initial stock will be flogged at 80% of that to make people think they’re getting a good deal, so loads of people will buy it, then the price’ll shoot up, so loads more people will buy that; meanwhile Spez’ll cash out his billions then when the true value of Reddit is realised there’ll be a “correction” - i.e. a crash, and the last bunch of suckers to buy will be sitting on a huge loss that’ll take years to recover from as it slowly inches back up by a couple of percent a year.
Man, I can’t wait