Snagged shares of $RDDT. The Q1 earnings report was a monster—totally invalidated the January crash bears. 91% gross margins are basically software-level efficiency. Shooting for that $200 psychological level now that the $183 resistance is in sight. 🚀🚀🚀

    Just rotated my SNDK gains into RDDT. Who else is riding?
    byu/astontj85 inwallstreetbets



    Posted by astontj85

    13 Comments

    1. Yeah RDDT has been undervalued for a couple of months now. There’s still juice left but the gap is closing fast.

    2. Resistance is futile. There’s so much untapped advertising potential here.

    3. One of your posts next month will likely be I should not have sold SNDK.

    4. No-Relationship8261 on

      Reddit is a Software company that will get replaced by a dude and his 200 dollar Claude subscription lol

    5. Acrobatic_Win_2527 on

      way too early to exit SNDK first of all – and to rotate into RDDT of all things

    6. RDDT is the new SNAP. Let’s not forget how SNAP had “blockbuster” earnings in the beginning

    7. LeucisticBear on

      Reddit is 90% bots and at some point advertisers will realize there’s no ROI here

    8. Gloomy_Necesary on

      Spy inclusion soon wouldn’t surprise me either. There’s some real stinkers in there compared to RDDT.

    9. CramerWasRight on

      RDDT should be at least $235. If the AI thesis plays out we could be looking much higher than that.

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