What can I get for this?
Didn’t they take those away?
Bro silver started out as a joke about handing out an award in thread as a jpg.
The fact that the turned it into whatever it became is kinda disgusting.
But if you want to buy it from me I’ll sell it to you.
I don’t know man, I never paid much attention to the gold/awards/other crap real or (apparently) otherwise.
Yeah sure. The whole concept stemmed off pretty much what I did here.
I mean its kind of wild to think back and realize that basically reddit was user supported and funded, and now its just a pure exploitation machine, but there it is.
I thought the actual ‘awards’ and guilding shit was pretty cringe.
Do you accept NFT’s?
If you framed that … you’d probably get a better deal than investing in Reddit
I hope this number plummets. It would just be fun, satisfying, and vindicating.
I do, too. Spez has failed upwards for long enough. The universe’s RNG is overdue for rolling low on this POS.
He got paid. He just wants more paid.
I see it following the same trend as other social media IPOs. Line goes up for a bit and then down way below the initial IPO price after a few weeks.
Based on watching previous IPOs, it will initially climb, as interested investors take on positions, probably a day or two. They’ll probably actively support a bid price when it tails off, buying shares in a price range trying to stave off a big drop which might cause a big divestment and lead to short attacks. I’d probably watch this like the “shit beta” stocks, as it has potential for weaponized trading given its recognition.
If it can’t climb quickly, probably going to see a blood bath as people scramble to get out when they can.
As always, not financial advice.
Siri, how do i short reddit?
To close an app, swipe up from the bottom to the middle of the screen and hold until you see the App Switcher. Then, swipe up on the apps you want to close.
That’s genuinely what Siri told me lol
What does ChatGPT say?
I’ll buy a hundred shares when in hits $4.20 and immediately put a limit order in for $69. Because that’s exactly how it’ll go.
You may have to sell earlier, could be it only tops at $13.37
The shares are expected to begin trading on the New York Stock Exchange on March 21, 2024, under the ticker symbol “RDDT.” The offering is expected to close on March 25, 2024, subject to customary closing conditions.
I might have to watch some CNBC tomorrow could be good for some laughs. Hope it tanks
We all hope this does poorly, but reddit has an ai training model goldmine it’s sitting on, and investment opportunities for people who want in on ai are confusing.
It’s really all that it has, but it’s probably gonna do well for as long as they keep the ai bots off reddit, which poisons that well.
Can reddit actually defend that database? Almost all the comments are public and they don’t actually own the copyright to other people’s words so I don’t think they could sue someone who scraped them. I suppose by going through Reddit the buyer would protect themselves from the users suing, but that doesn’t seem like a huge risk.
All right, r/WallStreetBets… show you’re not sycophants and do your duty.
$34 !!! 😄😂👌📉💥🔥
Someone have a banana for scale so I know how much that is?
That’ll take a good 5 hours to drop and zero out. Great penni stock if John and Barbara keep tapping about their new e-bike lol.
Nah it will drop but I bet it’s gonna be a few days before it reaches the low tens. Then the real grind starts with months/years to try to regain value back to the overinflated IPO price.
We’ve seen it with plenty of stocks that IPO’d. This is not unknown territory. There is value in Reddit and there is profit to be had, but it is very under water and overvalued right now.
Investors will dump, employees will dump, price will tank to maybe 20-25$ the first day (after raising for a couple hours I predict, maybe even to 40+$), then a week after the IPO it will be 15-$.
But who the fuck knows. Markets are irrational and it could go down to 5$ the first day as mods and WSB start shorting it and making a mess on social medias.
Yeah you’re right actually. The stock market is not the economy. So it’s possible that it will even grow and such. I hope they can AI all accounts so we can be free to shit post about reddit here. 😂.
John and Barbara… alleged names of last two reddit users.
Can confirm, I got an offer letter. Originally they were saying the range would be $31 to $34, but it didn’t surprise me it dropped at $34.
Lol, no.