Reddits stock price will go up slightly after IPO and then tank.
It’ll probably peak at about $50-60 in June, and then be $5-6 by 2027.
I base this on nothing.
Oh, so a professional finance talking head.
That is very similar to what this bobblehead says: https://youtu.be/gUiLuHvbC64?si=ncxEH2Y98h0bPzXr
You are probably in the wrong line of work, friend.
(Full disclosure, I couldn’t watch it all the way through though as watching idiots talk about this stuff almost made me throw up a little. If they talk about specific numbers, it’s going to be past the halfway point after the “expert” talks about red-i-tors.)
Here is an alternative Piped link(s):
https://piped.video/gUiLuHvbC64?si=ncxEH2Y98h0bPzXr
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
I say it has tanked by late next year. Source: my gut.
If it goes that low, anyone would be stupid to not buy. I think FB went down to around $15 not long after their ipo somewhere between $30-$35.
lol. No.
If there’s any trend in stock prices, it’s that the ones that go down tend to stay down and the ones that go up tend to keep going up.
So no, after a stock tanks it is NOT a good idea to buy.
Yeah, continue investing with that logic.
I’m pricing my right sock at $5,000.
Doesn’t mean anyone will buy it. Let’s see how it trades in the long term.
All you have to do is find a buyer who only has a left sock and you’re in business.
I was completely hammered blacked out once and lost a sandal and bought a guys one sandal. Next day realized I now have 2 mismatched sandals and could’ve just bought both of his.
We should start a Sock Market. We could sell long socks, short socks… Think of the possibilities
And a machine to minify the short socks - we can even call them short squeezers
There is at least one idiot born every second on the planet.
Thanks, updated the links
Lol, that headline
