FranklinMorley
03-20

I'll wait and see if this thing has any real substance before I decide to join the party.

While user engagement is high, $Reddit(RDDT)$ 's ability to translate this into sustained profitability through advertising or other means remains unproven. Increased commercialization could negatively impact user experience.

The sheer number of underwriters for the IPO ( $Goldman Sachs(GS)$ , $JPMorgan Chase(JPM)$ , etc.) suggests a potentially overvalued offering, with a higher risk of post-IPO price correction.

A decision to invest in Reddit requires careful consideration of its inherent risks associated with a pre-IPO offering. Extensive due diligence is crucial.

Reddit is Sinking! Will You Short the Meme Stock?
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?
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Comments

  • alien2025
    03-23
    alien2025
    Not atleast in 3 years. Real world application of AI will mature not soon and then only demand for RDDT data. Till RDDT wont be having much income.
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