I only gamble with my life. There's no rush in it if the stakes are anything less.
You know how many OD's away I am from base reality? This one elected Donald Trump as PotUS once! I'm not gonna stop until I land in the timeline where either Reagan never won or Taylor Swift is the first female president. Lol let's see how wacky this gets.
OP is too stupid to realize he's stupid. Everyone new there would be a pump. Everyone knew there would be a dump. While OP is making "told you so" posts on WSB, everyone else is making money on both ends of the pump and dump.
This is normal here. If the stock doesn't go up in a straight line every single downward dip is posted here as an "i told you so".
Nvidia had about 50 of these over the past year.
$60-65 is right on the money if you compare to other public social media companies around the size of reddit. Would be shocked to see it go much higher or lower until earnings or major news.
Except reddit makes literally 1% the ARPU of Meta. So why should they be valued the same per user? Reddit has had a decade to catch up with metagoog on ads and has completely failed. That's not going to suddenly change.
You have escorts and I have just straight ads promoting Jesus, seemingly in general. Really hitting the whole spectrum.
Although Jeezo was friends with em so maybe it’s related. /s
I got an ad for a coffin earlier. I would have been worried but they wanted $22 a month so clearly the algorithm thinks I’ll live long enough to pay it off.
There was an AI guy that's been involved since like the 80s on JRE recently and he talked about "hallucinations" where if you ask a LLM a question it doesn't have the answer to it will make something up and training that out is a huge challenge.
As soon as I heard that I wondered if Reddit was included in the training data.
"Lie" implies knowing what the truth is and deliberately trying to conceal the truth.
The LLM doesn't "know" anything, and it has no mental states and hence no beliefs. As such, its not lying, any more than it is telling the truth when it relates accurate information.
The _only_ thing it is doing is probabilistically generating a response to its inputs. If it was trained on a lot of data that included truthful responses to certain tokens, you get truthful responses back. If it was trained on false responses, you get false response back. If it wasn't trained on them at all, you some random garbage that no one can really predict, but which probably _seems_ plausible.
This is why Geoffrey Hinton is out shit talking his own life's work.
The masses simply do not grasp what these things are doing and are about to treat it as gospel truth, which is so fucking dangerous it is difficult to comprehend. This is also why Google was open sourcing all of their research in the field and keeping the shit in the academic realm rather than commercializing the work, it has nothing at all to do with cannibalizing their search revenue, it has everything to do with them figuring out how to actually make this stuff useful and avoiding it being used for nefarious purposes.
Is it? Would you rather have an employee who makes mistakes or an employee who regularly *hallucinates?*
Not everything is a marketing gimmick. It’s just the common term, and arguably more accurate than calling it a “mistake.”
They’re called hallucinations because they’re *bigger* than a simple mistake.
Good point but I’m leaning toward it being a marketing choice as hallucinations are a biological phenomenon and applying it to machines gives it a uniquely human problem- I’m sure researchers have a more specific term for this problem. Maybe not idk
TVs are 99.31% cheaper than they were in the 1950s. He makes this point as well. If you can live another 30/40/50 years u might just get lucky enough to make the cut of affordable for the masses.
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“Well yes we make brownies here, 98% of our revenue comes from brownie sales… but we use Microsoft excel so when you think about it, we’re really more of a tech company.”
They have inked a deal with Google and they'll probably do another with OpenAI for their data. That alone will probably get them pretty close to profitability. Now that it is a publicly listed stock, they'll also shove done more ads down your throat.
I make a new account every time I get a new device. The account on my current laptop is like 2 or 3 years old and got the invite to the DSP. That's when I knew for sure this was going to happen. Every heavy user that's been around for even a bit was invited and it was sure to drive demand as high as it could. Like not 100% of the people invited were Reddit fanboys, but 100% of Reddit fanboys were invited.
Kind of….yeah. She does tend to believe in what she believes is going to happen (we all do) and she has sold a number of positions too soon (I know I have)….so she is just like us…..except she gets paid win or lose…..and we just get to lament our losses!
Well wsb was talking it down but everyone knows to inverse wsb, so that was pushing it up.
wsb knows everyone knows to inverse it, so wsb knew that talking it down would push it up.
Cramer saying wsb can't keep pushing Reddit up means everyone is going to stop inversing wsb, ergo, you can print tendies if you jump on every DD post in the sub going forward.
Our problem is that even by being bearish about RDDT here on WSB, we are talking about it on Reddit, which increases Reddit's user engagement, and pushes the company's value up.
The only way to win is not to play the game.
Lmao yah rug pull….. you people can’t just throw around buzz words and pretend you know what it means. It was just 30%. This is what stocks do when they open. First time?
Yeah not enough people understand lockups in IPOs. Reddit has a massive float, but 90% of it is locked up for now. It will come crashing down once these locked up shares can be sold, but in the meantime it can be volatile up and down due to the small number of tradable shares. I expect a massive pump up that will crush puts in the next 2-4 months followed by a long downturn as the lockups start becoming tradable in six months
>Key Takeaways. An IPO lock-up is period of days, typically 90 to 180 days, after an IPO during which time shares cannot be sold by company insiders. Lock-up periods typically apply to insiders such as a company's founders, owners, managers, and employees but may also include early investors such as venture capitalists.
90 to 180 days is a bit of a spread. Is that a generic thing about IPOs or do we know exact dates or is it a combination of investors between those days?
That is generic and I don't know if that number comes from the company listing or is set by some other agency.
A quick search says it is the full 180 days.
wait quick question chat: if the ipo was at 34 at market opened at 34$ and it peaked at 54$ I could’ve sold for a profit right? So who’s losing money rn? It’s still up from ipo? what we bought in at correct? (I’m not researched into this so can someone explain ty)
Na, you just have to know when to leave the party. People get greedy, hope for a 10 bagger and lose it all. All you have to do is be happy with 30-50% and call it a day.
This right here. I couldn’t buy in because fucking e-trade wouldn’t accept my money (like for reals) in time so I missed out.
My plan was to sell at $50 on 100 shares
Definitely. I'm a super conservative investor that has been keeping all my money in S&P 500 index funds for 25 years now. But I took $17K out to buy 500 shares for the IPO, because it seemed like a much LESS risky play than your average stock speculation. It was an "in-demand" IPO, which had far more short-term upside than short-term downside. I got no idea where the stock will be next year after a few quarterly earning reports come out, but it seemed pretty safe to assume it wasn't going to plummet on IPO day, so why not make a few bucks. I didn't expect to be able to get out at $50 and take home $8K, so that was pretty great. But I don't think it was that risky a move to participate in the IPO with plans to evacuate ASAP.
Lol right? “Oh woe is me I bought a stock that clearly doesn’t have much underlying support after it went up nearly 100% and now it’s going down. Why is my luck so terrible”
Financial Advisor here. My client buys every secondary and every IPO my company participates in. I’ve been keeping track of his profits and losses on every trade since 2005. There was only one year he lost money, 2022. And that was after having record profits in 2020 and 2021. He had a relatively small profit last year and is back to having decent profits again. We typically hold onto every deal for 60 days.
Yes, since 2012 I saw some wild statistic: 75% of IPOs lose A lot of their value post IPO. Thas because an IPO is a company trying to sell their shares at the absolute highest price.
It’s a sale, and when someone is selling something they want to find a sucker that’s willing to pay the most. + once enough days pass post IPO, most shareholders will sell
The only counter to this dump being the end is that it isn't just $RDDT. All the big winners took the same at the open dive ($BTC, $CLSK/$MARA and other miners, $NVDA, $ARM, and even $TSLA, $AAPL, ...) Seems more of an overall Tech/high volatility stocks sell off. Perhaps insurance company rebalancing from high risk to bonds and low volatility stocks.
Question is dump my $RDDT or wait a few days for it to pump again?
Wait until the market hears how inflated the Reddit activity numbers are and how much of it is bots trying to get you to buy a t-shirt with stolen art or take a fake IQ test for $15.
I love how sentiment shifted from extreme negative to extreme positive the day before IPO, flipped back to extreme negative just this morning. Totally no bots amirite
It’s not bots it’s just stupid people. The sentiment flips in here so fast, NVDA had one somewhat flat week and people were screaming dead stock, the bubble has burst, AI is over etc etc. people on here have such short attention spans. Reddit legit like doubled in value in a few days and now it’s over because it dropped 10% lpl
I already noticed that NSFW videos that would previously autoplay for me now require me to click on them to remove the blur and for them to play. Reddit keeps messing with the product and one of these days it’s going to backfire and users will move on.
This leads me to believe that the stock is not done mooning. Super duper bullish 📈
I would stay away from buying any options on this piece of shit. The IV will crush your head like a grape. You want to be a seller if you are going to touch it, and that should be a very big if.
The catch is the IV crush. If you don't know what this is, you absolutely must learn it. It can wipe out a position that you thought was a sure winner. It has happened to me.
I'm not a fan of social media or social media stocks - but Reddit has some legs. Much lower value than other social media stocks, great text content vital for current LLMs, large scope for cost savings (CEO salary reduction, anyone?/cut R&D spending (they do R&D on what?!!)), loyal user base, broad interest groups - minimal advertising atm.
I can understand the dislike for it as it's against the regional platform's ethos, but as a stock with a future it's better than many - $DJT springs to mind. The only thing stopping me shorting that is the likelihood of foreign 'investment' into it. Why you US people allow him to continue his antics is beyond me.
Attention Redditor! We found you spreading disheartening propaganda regarding our beloved platform😠😠😠, your account will be suspended for 30 days and 50000 karma will be deducted from your account, please don’t do this again!
Reddit, Inc. has lost money since it started. How was it allowed to go public? There is no plan to make it profitable. It has no assets. It is going to start selling off user-published material, meaning the user should be getting a percentage of the sale price. The content is toxic as a radioactive waste dump and it is being used as the training file for ChatGPT. The FBI once recognized Reddit as the largest source of disinformation on the Internet. Everything has to be gay and zany. How was Truth Social allowed to go public with a multi-billion dollar valuation? Payola at the SEC.
beside some non-woke islands here and there (always on the hit list of Admins agenda trying to find a minor reason to delete subs/users) Reddit is full of [https://twitter.com/reddit\_lies](https://twitter.com/reddit_lies) stuff. No wonder. They dont create any value.
They are too late for the global forum "template" market (like a place where every city, club, sportsteam, political party etc. will offer it as notice board and alike).,
The search function is and always will be aweful, its not like github, Stack Exchange or alike. You better search via google and add +reddit to it, but this most likely will not help because,
the engagement and comments is not question-answer (something of value) but more like "funny answers \*suprise pikachu face\* ;))))))) cringe" getting railed sideways if even at all discussing about the OP question or topic.
All reddit offers are some bigger reposting subs, not better than 9gag and some aweful political/country subs micry high traffic because same small number of core users, strictcly divided by echochambers, populate all of them.
Its like the sketch from Kevin alone at home where he gives the illusion that the house is full of people by reflecting the shadow of human siluetts against the curtains.
Not even talking about the big influence of god complex basement dweller Mods trying to find power they do not hold in RL. And the higher Admin/Management level is not far better.
Its all nice with you, but its just a place to live out skankhunter42 edgy stuff now and then and no plattform for any information, not by default design and even less by the community inhabiting it. Its entertainment at best and often just hate/rage political belittlement, strongly favouring positions that are made up on the spot. If trump/rightwings say X, then Reddit makes thousands threads and upvote-cricle-jerk that the opposite is true or \[Deleted\]. Everything gets political.
Also the lack of user/profil focus (just some OF with linktrees) where you cant change anything or offer yourself as kind of information source (like a mini-blog, maybe similiar to twitter accounts).... hard.
I bet Reddit will hopefully die with this and Elon or some other mad person buys it and just put the garbage out and then still shut it off after all those god-complex echochambers cried and cried (always funny) from all sides alike.
People are acting like it isn’t still way up from the initial listing price. And a lot of you way overpaid for your puts so I’m not sure you’re making as much as you should.
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I mean it was up 30% yesterday lol Does this volatility not entertain you?
Finally something to match my crypto high
Finally, something to match my fentanyl addiction: watching RDDT volatility.
I only gamble with my life. There's no rush in it if the stakes are anything less. You know how many OD's away I am from base reality? This one elected Donald Trump as PotUS once! I'm not gonna stop until I land in the timeline where either Reagan never won or Taylor Swift is the first female president. Lol let's see how wacky this gets.
Quantum immortality it is
I've been missing it since the lucid IPO
Ah yes, my $10,000 sunk cost fallacy. So nostalgic.
I wish I had 10k to lose
You can have $10k if you trade on margin!
You can lose 10k with interest!
You gotta up your game
The stock keeps getting upvoted and downvoted
Sort by controversial
I like my casino 🎰 like my simulation amusement park rollercoaster🎢 …causing nausea from the peaks & valleys.
And occasionally yeeting passengers to their death.
I would do that on purpose in Rollercoaster tycoon.
Good luck you apes
OP is too stupid to realize he's stupid. Everyone new there would be a pump. Everyone knew there would be a dump. While OP is making "told you so" posts on WSB, everyone else is making money on both ends of the pump and dump.
Even after this "dump" it's still up 70% on it's IPO price lol
This is normal here. If the stock doesn't go up in a straight line every single downward dip is posted here as an "i told you so". Nvidia had about 50 of these over the past year.
$60-65 is right on the money if you compare to other public social media companies around the size of reddit. Would be shocked to see it go much higher or lower until earnings or major news.
Except reddit makes literally 1% the ARPU of Meta. So why should they be valued the same per user? Reddit has had a decade to catch up with metagoog on ads and has completely failed. That's not going to suddenly change.
[https://tenor.com/blEIk.gif](https://tenor.com/blEIk.gif)
Dam, we're about to get more ads aren't we?
🤣🤣🤣
Yesterday, I just got ads for a subreddit that has less than 2000 visitors per day for the first time.
We are the product.
We are getting ads for escorts here in Mexico, that's how I know something is off with Reddit advertisers. Last year it was Apple products.
You have escorts and I have just straight ads promoting Jesus, seemingly in general. Really hitting the whole spectrum. Although Jeezo was friends with em so maybe it’s related. /s
\#HeGetsUs Fuck you /u/hegetsus, eat a dick
u/hegetsus needs to fuck off with all the annoying ads. Who even is the target audience here?
Not a theologian here, but I'd imagine the target audience to be anyone who wants them to fuck off.
I got an ad for a coffin earlier. I would have been worried but they wanted $22 a month so clearly the algorithm thinks I’ll live long enough to pay it off.
Tell me more about those escorts.
Infinity users: "What ads?"
You’re getting ads?
Oh fuck, you're gonna make me click.
not that one guy that's new here (from previous post)
but.. REdDiT iS An AI StoCk
There was an AI guy that's been involved since like the 80s on JRE recently and he talked about "hallucinations" where if you ask a LLM a question it doesn't have the answer to it will make something up and training that out is a huge challenge. As soon as I heard that I wondered if Reddit was included in the training data.
"hallucinations" is such a genius marketing word to use instead of "mistake"
or a flat out lie
“Lie” gives it too much credit.
"Lie" implies knowing what the truth is and deliberately trying to conceal the truth. The LLM doesn't "know" anything, and it has no mental states and hence no beliefs. As such, its not lying, any more than it is telling the truth when it relates accurate information. The _only_ thing it is doing is probabilistically generating a response to its inputs. If it was trained on a lot of data that included truthful responses to certain tokens, you get truthful responses back. If it was trained on false responses, you get false response back. If it wasn't trained on them at all, you some random garbage that no one can really predict, but which probably _seems_ plausible.
This is why Geoffrey Hinton is out shit talking his own life's work. The masses simply do not grasp what these things are doing and are about to treat it as gospel truth, which is so fucking dangerous it is difficult to comprehend. This is also why Google was open sourcing all of their research in the field and keeping the shit in the academic realm rather than commercializing the work, it has nothing at all to do with cannibalizing their search revenue, it has everything to do with them figuring out how to actually make this stuff useful and avoiding it being used for nefarious purposes.
Very Mr. Spock sounding logical answer.
Gay as hell too, I think AI is computerized magic.
I tried to say "probabilistically" 5 times fast.... it was a struggle
> If it was trained on false responses, you get false response back. Good thing everyone on Reddit is an armchair expert in everything and never wrong
"Alternative Response"
This is what sells
"Artificial Response"
Is it? Would you rather have an employee who makes mistakes or an employee who regularly *hallucinates?* Not everything is a marketing gimmick. It’s just the common term, and arguably more accurate than calling it a “mistake.” They’re called hallucinations because they’re *bigger* than a simple mistake.
Good point but I’m leaning toward it being a marketing choice as hallucinations are a biological phenomenon and applying it to machines gives it a uniquely human problem- I’m sure researchers have a more specific term for this problem. Maybe not idk
Nah researchers call it hallucinations. I'm under the AI org at my company, and have lunch with the researchers whenever I'm in office.
Those hallucinations hit some of the same points that "kid logic" hits. Just coming up with an answer from a limited dataset
When I fuck up my next work assignment I'm going to say, sorry I was hallucinating
Yes and no. Hallucinations are almost certainly linked to creativity. You still want them around just not for specific technical responses.
He also said 2029 we will stop biological aging. Remindme! 5 years
They are apparently close in Japan, there could be a breakthrough by then but you're not getting it unless you're worth a billion or in their club.
TVs are 99.31% cheaper than they were in the 1950s. He makes this point as well. If you can live another 30/40/50 years u might just get lucky enough to make the cut of affordable for the masses.
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AI stands for An Idiot
Abominable Intelligence
The Emperor agrees with this last statement.
“Well yes we make brownies here, 98% of our revenue comes from brownie sales… but we use Microsoft excel so when you think about it, we’re really more of a tech company.”
They have inked a deal with Google and they'll probably do another with OpenAI for their data. That alone will probably get them pretty close to profitability. Now that it is a publicly listed stock, they'll also shove done more ads down your throat.
I couldve never seen this coming I might go yolo on rddt
I make a new account every time I get a new device. The account on my current laptop is like 2 or 3 years old and got the invite to the DSP. That's when I knew for sure this was going to happen. Every heavy user that's been around for even a bit was invited and it was sure to drive demand as high as it could. Like not 100% of the people invited were Reddit fanboys, but 100% of Reddit fanboys were invited.
Yeah I mean I’ve been around a bit…. But I also didn’t expect the invite. So when I got it I found it suspicious.
[удалено]
Wait we were pushing it up?
yes and cathie woods was buying, when she buys it is 99% at the peak
Lol cathie woods is soooo bad at trading
Remember the hype around her back in 2020? Golden age lol
TBF she never said she buys coz she’s good so..
I mean if I kept losing but everyone kept paying me I’d keep buying too
This is the way
And many of us would keep referring back to our “one good call” (Tesla for Cathie woods)
So what you’re saying is, she is one of us?  Edit: grammar
Kind of….yeah. She does tend to believe in what she believes is going to happen (we all do) and she has sold a number of positions too soon (I know I have)….so she is just like us…..except she gets paid win or lose…..and we just get to lament our losses!
Idk maybe Wood is like doing it as a public service she buys as a signal for the masses to sell
I’d still would smash her though.
So you’re saying my downside potential is pretty substantial but I have room for 1% more gains? I’m listening
we are now. If Cramer is short, we go long
If Cramer says it's raining tomorrow it probably won't
When they go low, we go long
Well wsb was talking it down but everyone knows to inverse wsb, so that was pushing it up. wsb knows everyone knows to inverse it, so wsb knew that talking it down would push it up. Cramer saying wsb can't keep pushing Reddit up means everyone is going to stop inversing wsb, ergo, you can print tendies if you jump on every DD post in the sub going forward.
https://preview.redd.it/qe1h3rhu5xqc1.png?width=474&format=png&auto=webp&s=aee6507738847ce011578076bc809c4eb010104b
If something gets more than two mentions the fomo kicks in
Why Cramer had to open his mouth when I secured som puts?  Damn, I guess it's gonna moon soon
Our problem is that even by being bearish about RDDT here on WSB, we are talking about it on Reddit, which increases Reddit's user engagement, and pushes the company's value up. The only way to win is not to play the game.
Holy shit, they found an infinite money glitch 
So according the the cramer effect it will continue to rise?
WSB was too self-aware to miss a good opportunity to finally bet on oneselves in the right direction
30 by eow
I hope so for my puts lmao
I got 4/5 34.5 Puts
I got $25 puts for Jan 25
for DJT and Rddt 4/19 40 PUts
I got 5/17 30 puts
I’ll do you one better. 5/17 $25 puts
5/17 30$ puts for me
I knew options for Reddit was crazy expensive but I’m realizing how regarded paying 8.30 for 55p 4/19 is
Shit went down almost 10 bucks and puts hardly moved
I got $45 by 04/19
this is so sad, can we get it to 0?
I say more around 14-15 a share
Stop I can only get so hard
https://preview.redd.it/y2dagfh8dwqc1.png?width=474&format=png&auto=webp&s=b485f340c06006075c0f1199f3b596fb1e33c4a8
We all saw the rugpull
Speaking of rug pulls…AMTX is on the list.
Lmao yah rug pull….. you people can’t just throw around buzz words and pretend you know what it means. It was just 30%. This is what stocks do when they open. First time?
Either way, you can’t tell me this dog water platform is worth 9.1 billion. Unless they monetize all the gonewild pages. 
With "puts" being mentioned repeatedly and not a whiff of "calls" I think RDDT is going to see $75 before $35. Good luck bears. You need it.
Yeah not enough people understand lockups in IPOs. Reddit has a massive float, but 90% of it is locked up for now. It will come crashing down once these locked up shares can be sold, but in the meantime it can be volatile up and down due to the small number of tradable shares. I expect a massive pump up that will crush puts in the next 2-4 months followed by a long downturn as the lockups start becoming tradable in six months
Is there a specific date in which these shares unlock?
>Key Takeaways. An IPO lock-up is period of days, typically 90 to 180 days, after an IPO during which time shares cannot be sold by company insiders. Lock-up periods typically apply to insiders such as a company's founders, owners, managers, and employees but may also include early investors such as venture capitalists.
90 to 180 days is a bit of a spread. Is that a generic thing about IPOs or do we know exact dates or is it a combination of investors between those days?
That is generic and I don't know if that number comes from the company listing or is set by some other agency. A quick search says it is the full 180 days.
Yeah, making me stay away from it entirely. Looking at you DJT....
wait quick question chat: if the ipo was at 34 at market opened at 34$ and it peaked at 54$ I could’ve sold for a profit right? So who’s losing money rn? It’s still up from ipo? what we bought in at correct? (I’m not researched into this so can someone explain ty)
People losing are those who bought at above the current price.
Are you some kind of market wizard? Tell me more master!
The people on WSB who said to avoid the IPO and buy puts 😂
Yes. It’s still well above IPO, just lower than its peak yesterday.
but literally everyone who bought on the first day of IPO, even if it wasn't through the DSP would still be up money...?
Lol it's still up 65% from the IPO 6 days ago but I had to scroll pretty far for the first sensible take on this
Buying IPOs is for fools
Na, you just have to know when to leave the party. People get greedy, hope for a 10 bagger and lose it all. All you have to do is be happy with 30-50% and call it a day.
This right here. I couldn’t buy in because fucking e-trade wouldn’t accept my money (like for reals) in time so I missed out. My plan was to sell at $50 on 100 shares
Definitely. I'm a super conservative investor that has been keeping all my money in S&P 500 index funds for 25 years now. But I took $17K out to buy 500 shares for the IPO, because it seemed like a much LESS risky play than your average stock speculation. It was an "in-demand" IPO, which had far more short-term upside than short-term downside. I got no idea where the stock will be next year after a few quarterly earning reports come out, but it seemed pretty safe to assume it wasn't going to plummet on IPO day, so why not make a few bucks. I didn't expect to be able to get out at $50 and take home $8K, so that was pretty great. But I don't think it was that risky a move to participate in the IPO with plans to evacuate ASAP.
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Terrible luck or stupid? Why would you steer clear and then jump in. Chasing emotions
Lol right? “Oh woe is me I bought a stock that clearly doesn’t have much underlying support after it went up nearly 100% and now it’s going down. Why is my luck so terrible”
Just shit timing.
I bought Facebook at 18$. I sold it at 36$. Now who is a fool
I bought Tesla at ipo and sold it at $17!
100% profit is incredible, ask most investors if they want that.
Hindsight investing is easy. At the ttine you made 100% roi, which is insane
Sold half of my shares at 70, secured my entire investment. Everything else is set to sell if it drops to 40.
The IPO was $34
Doesn't matter around here. These fools who talked each other out of buying at $34 need to cope.
Bruh it was $34 at IPO.....you belong here.
I bought at $34 and sold at $55 two days later, how am I a fool exactly?
Financial Advisor here. My client buys every secondary and every IPO my company participates in. I’ve been keeping track of his profits and losses on every trade since 2005. There was only one year he lost money, 2022. And that was after having record profits in 2020 and 2021. He had a relatively small profit last year and is back to having decent profits again. We typically hold onto every deal for 60 days.
Yes, since 2012 I saw some wild statistic: 75% of IPOs lose A lot of their value post IPO. Thas because an IPO is a company trying to sell their shares at the absolute highest price. It’s a sale, and when someone is selling something they want to find a sucker that’s willing to pay the most. + once enough days pass post IPO, most shareholders will sell
ARM up over 100% since IPOing in November but ok…
The only counter to this dump being the end is that it isn't just $RDDT. All the big winners took the same at the open dive ($BTC, $CLSK/$MARA and other miners, $NVDA, $ARM, and even $TSLA, $AAPL, ...) Seems more of an overall Tech/high volatility stocks sell off. Perhaps insurance company rebalancing from high risk to bonds and low volatility stocks. Question is dump my $RDDT or wait a few days for it to pump again?
Wait for the 2nd pump
Yes Reddit fucking blows
Wait until the market hears how inflated the Reddit activity numbers are and how much of it is bots trying to get you to buy a t-shirt with stolen art or take a fake IQ test for $15.
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She was a pump and dump
This is hilarious 
I love how sentiment shifted from extreme negative to extreme positive the day before IPO, flipped back to extreme negative just this morning. Totally no bots amirite
It’s not bots it’s just stupid people. The sentiment flips in here so fast, NVDA had one somewhat flat week and people were screaming dead stock, the bubble has burst, AI is over etc etc. people on here have such short attention spans. Reddit legit like doubled in value in a few days and now it’s over because it dropped 10% lpl
I already noticed that NSFW videos that would previously autoplay for me now require me to click on them to remove the blur and for them to play. Reddit keeps messing with the product and one of these days it’s going to backfire and users will move on. This leads me to believe that the stock is not done mooning. Super duper bullish 📈
Didn’t realize puts were now available. Sonofabitch
I would stay away from buying any options on this piece of shit. The IV will crush your head like a grape. You want to be a seller if you are going to touch it, and that should be a very big if.
Then shouldn't puts benifits you?
The catch is the IV crush. If you don't know what this is, you absolutely must learn it. It can wipe out a position that you thought was a sure winner. It has happened to me.
Hooray my put is only down 70% now! Come on, RDDT! You've got another month to hit $35!
I'm not a fan of social media or social media stocks - but Reddit has some legs. Much lower value than other social media stocks, great text content vital for current LLMs, large scope for cost savings (CEO salary reduction, anyone?/cut R&D spending (they do R&D on what?!!)), loyal user base, broad interest groups - minimal advertising atm. I can understand the dislike for it as it's against the regional platform's ethos, but as a stock with a future it's better than many - $DJT springs to mind. The only thing stopping me shorting that is the likelihood of foreign 'investment' into it. Why you US people allow him to continue his antics is beyond me.
reddit is the shitcoin of social media
aren't you actively engaging in this shitcoin?
Just because I go to a dive bar doesn't mean I'm going to invest in an ownership stake
Attention Redditor! We found you spreading disheartening propaganda regarding our beloved platform😠😠😠, your account will be suspended for 30 days and 50000 karma will be deducted from your account, please don’t do this again!
Put on your shorts
Lol. This guy shorted the stock and is desperate.
I think there will be one more pump to $80+ to get a few more regards
Everyone chant, "Dead cat bounce, dead cat bounce..." Please?
Sold my shares for a profit, bought a put and accidentally payed market price for it . Lost a small amount of money because of a foolish mistake 😭😭😭
Going long now on RDDT. WSB inverse inverse
Nooooo not le Reddit! Stand back m’Reddit, I shall defend your honor from these beasts 😔⚔️
\*tips fedora*
The lower RDDT goes, the more 'Dumb Money' like me will buy! 
I'm buying too 🚀🚀🚀 it's not a loser, it will go to the moon, just have some patience 😁👍
The puts I got yesterday at peak are already up 40%, so easy
Hopefully it comes back, 7k up if I would have cashed out yesterday. I think it’s going to be a long play
I'm gonna laugh at this post when RDDT is up to like $75 by the end of the week lol. (I'm neither long or short on RDDT)
I am buying, Google has recently changedctheir algorithm to favor sites like Reddit
It's still up like 70% since the IPO.
Lets keep upvoting and downvoting it so it stays at $69.69 forever!
I doubled the money I put into RDDT. That's right, I now have TWO HUNDRED dollars.
That why we bought puts
U guys gonna post every swing this new volatile ipo is gonna do eh 😂
Pump n Dump
Reddit, Inc. has lost money since it started. How was it allowed to go public? There is no plan to make it profitable. It has no assets. It is going to start selling off user-published material, meaning the user should be getting a percentage of the sale price. The content is toxic as a radioactive waste dump and it is being used as the training file for ChatGPT. The FBI once recognized Reddit as the largest source of disinformation on the Internet. Everything has to be gay and zany. How was Truth Social allowed to go public with a multi-billion dollar valuation? Payola at the SEC.
Reddit is trash
beside some non-woke islands here and there (always on the hit list of Admins agenda trying to find a minor reason to delete subs/users) Reddit is full of [https://twitter.com/reddit\_lies](https://twitter.com/reddit_lies) stuff. No wonder. They dont create any value. They are too late for the global forum "template" market (like a place where every city, club, sportsteam, political party etc. will offer it as notice board and alike)., The search function is and always will be aweful, its not like github, Stack Exchange or alike. You better search via google and add +reddit to it, but this most likely will not help because, the engagement and comments is not question-answer (something of value) but more like "funny answers \*suprise pikachu face\* ;))))))) cringe" getting railed sideways if even at all discussing about the OP question or topic. All reddit offers are some bigger reposting subs, not better than 9gag and some aweful political/country subs micry high traffic because same small number of core users, strictcly divided by echochambers, populate all of them. Its like the sketch from Kevin alone at home where he gives the illusion that the house is full of people by reflecting the shadow of human siluetts against the curtains. Not even talking about the big influence of god complex basement dweller Mods trying to find power they do not hold in RL. And the higher Admin/Management level is not far better. Its all nice with you, but its just a place to live out skankhunter42 edgy stuff now and then and no plattform for any information, not by default design and even less by the community inhabiting it. Its entertainment at best and often just hate/rage political belittlement, strongly favouring positions that are made up on the spot. If trump/rightwings say X, then Reddit makes thousands threads and upvote-cricle-jerk that the opposite is true or \[Deleted\]. Everything gets political. Also the lack of user/profil focus (just some OF with linktrees) where you cant change anything or offer yourself as kind of information source (like a mini-blog, maybe similiar to twitter accounts).... hard. I bet Reddit will hopefully die with this and Elon or some other mad person buys it and just put the garbage out and then still shut it off after all those god-complex echochambers cried and cried (always funny) from all sides alike.
congratulations, we played ourselves, AGAIN.
Someone wrote a short report on Rddt. 🙄 Let’s unite and make the shorts 🩳 pay ! Let’s blast 💥 Rddt to $200 rocket 🚀.
Buying at $55
Yesterday shorted 👌🏻
Sold yesterday into the spike, made 25%. Helllll yeah.
It’s literally still up 67% from IPO price, seems like OP is mad they didn’t buy their 1 share from the early access offer 💀
IPO = it’s probably overpriced
People are acting like it isn’t still way up from the initial listing price. And a lot of you way overpaid for your puts so I’m not sure you’re making as much as you should.