I've been waiting to smach Reddit for a minute now. My boy was trashing it in May and I said son you don't know what you're saying. And BAM! I miss my leg up. Now I'm sitting here debating buying this stock at 188x earnings.
The growth estimates are insanse though!! Could this type of premium be justified? Could this 15% drop in the last week be a sneaky little entry?? FCF and revenue are growing rapidly as well. The company has 2b in net fucking cash!!!!
Do I sit on the sidelines and wait for a better oppurtunity? As we are in this AI bubble, and a chunk of RDDT's leg up was due to Reddit being used to train AI models, it could mean more volatility is coming. Please whoever has done serious DD on Reddit let me know if I should DCA, take a chill pill, or fucking unload!!!!!