This isn’t a technical analysis but want to hear others thoughts. Although Reddit isn’t profitable right now, I have really high hopes for it in the long term. I’m fact I think it is so discounted right now that I’m dumping money in every paycheck. It reminds me of when AMD was at like $9. I pitched it to my schools investment group and it got shot down because it had negative earnings. In this case Reddit has a lot of room to implement revenue generating features within the app. Advertising can be easier on Reddit due to the different sub communities and how the app is designed. And with the OpenAI Reddit partnership, it makes me even more urgent to throw my wealth into this long term. Please let me hear others thoughts. Interested if people have any technical analysis as well, as mine is based on what I believe.
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