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Express News | Needham Reiterates Buy on Reddit, Maintains $75 Price Target
Reddit Analyst Ratings
Cathie Wood's Ark Invest Loads Up On Robinhood Shares Amid Trading Platform's Q2 Revenue Beat, Also Shops For Amazon, Reddit And AMD Stock
"Wood Sister" bought the dip! Buy Amazon, AMD, Meta, etc. during the ARKK plummet.
The Ark fund strategist stated that ARKK has always been investing highly and concentratedly through its etf. The team tends to take advantage of significant market downturns to increase long-term investments in its strongest concepts.
Reddit's Ad Business Grew 41% Last Quarter. Marketers Still Want It to Do More -- WSJ
Rebound Day Turned Red and Earnings Helped Declines | Wall Street Today
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10baggerbamm : the earnings were fantastic they found one matrix about eyeball views in the US with one of their categories and that's why they took it down which is absolute bullshit because you can find fault with any company's quarter if you dig deep enough.
CHFANTA OP 10baggerbamm : The current market cap is way bigger than what it's worth. wouldn't be surprised if the price drop below 20.
10baggerbamm CHFANTA OP : so then you should short it because what you're missing is this company had no advertisers for years they were losing money I mean this is like a liberal dream piss money away but now you're public and you have a fiduciary responsibility to drive profits and increase profits to your shareholders. so is advertising is monetized and they figure out other ways to generate money and Microsoft paying Reddit is another one they ultimately will cross over and become profitable.. but maybe I don't know what I'm talking about so you know what here's my challenge to you take your money and go out two years and buy puts that'll give you plenty of time for you to be vindicated and be proven right or buy one year whatever time frame you want I don't care I don't want to tell you what to do take all your money and buy puts and post your trade.. I'll just sit here with my popcorn and wait for that to happen
JustAdam 10baggerbamm : if anything, the market cap seems undervalued lol. reddit finally switched up and start to monetize properly, and it's one of the biggest go to websites for information.
10baggerbamm JustAdam : bingo