JackPowell
03-20

$Reddit(RDDT)$ My choice is the WSB forum. My target price for Reddit on its first trading day is $40-50.

Reddit has a particularly high profit margin, and management explains that this is because the primary form of community interaction on Reddit is text-based, resulting in significantly lower technical costs compared to image and video platforms.

Reddit is a genuine gen AI company. Currently, among companies that license data for training large language models, I only see Reddit reaching the level of tens of millions of dollars in annual licensing fees.

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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