bought 30 rddt today
was thinking if i should get 20
but i felt it was a lil less significant
and 30 was a nicer number
decided to be greedy when others are fearful
it fell more than 50%, from $230
PS ratio is only 11.5
it is also at a beautiful level, just sitting nicely at 200 day sma
and previously 1 or 2 quarters, it was well profitable
business wise, i quite like it
its like a hardwarezone, but a world wide one
i was on train, and saw young folks using it
wide ranging topics from NUS peeps looking for jobs
to FC25 trends
feels like it is something very different from facebook, X, or instagram, etc
maybe it is because people that want to stay anonynous uses it
but importantly, i think it is quite a good product, where i use it sometimes too
it is very sticky, starting to recommend me stuff to join, like watch communities
X, chatgpt, gemini etc, likes to use its data, and important to train its llm
especially when they want to understand how humans chat normally
it is a bit like a data goldmine, that X, chatgpt n fb will not be able to have
most important, as I mentioned, I quite fancy the product
and it has been some time i invest in a company that is still in quite an early stage
happy to add it to my family of stocks