Reddit chooses New York Stock Exchange for long-stalled IPO
Reddit chooses New York Stock Exchange for long-stalled IPO::Social media platform’s valuation is expected to have tumbled from $10bn in 2021
Eat shit, Spez.
Aren't you supposed to wait until after the IPO to ruin the platform?
You need to signal your willingness to ruin it if you want Wall Street to take you seriously.
Ruining shit is a secondary concern when dickheads like spez only see $$ signs.
And as always, remember to short it.
Shorting is very risky and shouldn't be done solely because you don't like a company. Spez isn't going to care that you shorted his stock when you get margin called.
If you are bearish on Reddit at least do something with a risk floor like selling ITM Covered Calls. Not financial advice, just my 2c.
Kinda crap advice for novices, as shorting means uncapped losses if you're wrong. You'd have to be very confident other people are making a mistake, as other investors may not worry that power users no longer like Reddit, and stock could still go up.
Lemmy not being able to Garner more members is an indication that a reddit is only growing. I would happily sell you short positions
You don't think that Lemmy and Reddit can both fail to meet expectations?