Thursday, March 20, 2025

30 RDDT

 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


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