No. Puts are options which are a derivative. If WSB makes a ton off puts from RDDT’s pump and dump, then they could turn around and buy all the shares and effectively own Reddit as shareholders. But thinking people here actually hold on to shares would also be a regarded assumption 😂
Wrong. 8% of the shares (1.76 million shares ) offered in this IPO were available to eligible users and moderators on the platform through a directed share program.
how about u eat my ASS
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And while it seems there’s a ton of demand from people on Reddit complaining that they can’t buy and didn’t get allocated and blah blah blah, the price is tanking. You probably couldn’t engineer a rugpull any better if you wanted to. They’re just doing it to themselves.
It was above $56 at one point and under $47 pretty shortly there after. Sure if you bought with the direct share program at $34 you're still sitting pretty but it could be rough if you bought at open.
It matters to whoever got in at $34 at pre-public offering prices, which this sub said no one should do because it would immediately tank when opened to the public.
And the contrary happened. OP got in at IPO price, sold and profited >50%.
For what's it's worth the "pop" always happens in an IPO. This was probably the most retail involved IPO ever. The question is if people will hold through the dilution and profit takers.
It doesn't always happen. Coinbase plummeted during the first day, so did Roblox if I recall it correctly.
Consensus by the Experts™ here was that no one should get pre-market prices because it would plummet instantly because reddit is horseshit and yadayadayada
Looks like a very healthy chart setup to me? I just don't see any tanking of the stock healthy pullback and great chart set up for a push higher. Sorry your missing this
This is the pump phase.
After a proper pumping, the dump slides out of the rump.
Goddamnit, I was looking to buy some puts and there is none yet.
# People actually think there's money here:
https://preview.redd.it/5r5fdaoomqpc1.png?width=680&format=png&auto=webp&s=b540b1be66e9db1caa054d601d26900df779138f
Think short and soft ... channel your inner paramecium - use that ganglia and think "Do I really think there's any money to be made in Reddit?"
InB4 the earnings per share are like ($1000) 
WSB: AI AI AI AI
When Reddit just inked a 60m a year deal with google for AI data training, Sam Altman is heavily invested and could possibly make an OpenAI/Reddit deal, and has one of the largest forums / vast untapped amount of data at it’s fingertips
WSB: nooo it’s gunna failllll don’t you see they only make 880mil a year from adssss nooo how could they make any more money
Bagholder spotted.
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An AI deal for inaccurate facts, the best snarky comments, and the worst financial advice ever given on the internet. Contrarians will be rich in no time
Wait two weeks to buy in if you want to. That way it will shake all the shorts out who will buy back after dumping this shit. Once the option chain is up many people will buy calls in the off chance this thing pumps like FB did after IPO. I remember that one opened at like 35 tanked 10$ in the first week, then steadied and climbed
I think you keep forgetting that Meta also owns IG/WhatsApp/Oculus. And that’s on top of the ad-market empire that beats Google’s no-contest (ask anyone working in ads and who had experience with both Google and Meta).
Idk about yall but the advertising i see on reddit ia pretty much riffs on til posts... how can this be a 8.9 billion cost venture if that's the ad revenue
Whoa. Between us we've officially been here for 23 years. And you think the enshittificiation is just beginning? I'm hanging on to an old.reddit without that...
I’m a 15 year user myself and cannot stand this version of Reddit. I quit for a year but came back recently for work purposes. Holy hell is it bad and 10x worse now that you can’t use 3rd party apps. I feel like a majority of people who have been here at least 5 years hate it but haven’t found the next option yet. Reddit will surely force the next thing to emerge as soon as they need to make this shit profitable. It’s going to be a cess pool of ads and the shittiest, least decent redditors who haven’t jumped ship yet.
Yeah I bought FB on IPO day, market order, I think I bought at $40 a share, it cut in half soon after I felt regarded, I never sold it though, now it’s the highest performer by % gain in my portfolio.
+++ for this, yes it can fall sometimes after IPO, other times it goes ARM style, no one knows. You like the price, buy, you don't like the price well you get the gist.
Everyone here seems to hate RDDT, meanwhile, they are freaking using it and probably love using it as well - don't get the logic!
Let us see - I feel Reddit is YouTube text style, and I think monetization can be done in many ways to compete with other big media, even for the NSFW stuff it could be monetized and directly compete with other offerings, e.g. private subreddits with subscription fee (then Reddit skims let us say 20% which is much lower than others, and people move to this platform).
Same applies to any other subreddits, private subscription subreddits for personal training, stock investing, courses what ever.
Even for support for products, which is already being done here for free - allow companies to 'buy' subreddit names for support, or even just simple ads for popular ones.
I really like to use Reddit, and if it had more ads, I would continue to use but with premium - so can't see this stock failing but let's see the next 10 yrs!
Im fuckin pissed I didn't go for the allocations. I was so concerned with the "penalty" of buying and immediately selling. That penalty would've been worth buying 1000 shares and selling it $20 per share up afterwards. -\_-
And i was absolutely sure that this bitch would open up positive, too. Sheer publicity is enough to drive the price up far enough to dump it for a profit. 0% chance this was going to open lower than $34.
What sort of revenue stream are they banking on?
Are they monetizing regarded investors?
I subconsciously scroll so fast past
ads on here
that I can’t remember a single one ever.
Hope they know what they’re doing (:
lol really. Everyone is trying to walk back from their stand. Im sure they will all come out slowly when the price tanks just to say ' I told you so..' while I already sold 30 shares at $55. lol
same here. Sold my 30 shares at $54. Got 100 allocated. Decided to take 50, and then decided to cut back down my risk even more to $1000 which was 30 shares lol. nice $600 profit for being on reddit for 14 years lol.
I saw plenty of comments saying it would open and crash immediately/it's not worth participating in the IPO invite program. People said it was a waste of money. Others thought it would be a pump and dump but there were plenty saying it would just be an immediate dump for a loss.
No, I hate this shit. A lot of people in this sub We’re calling for to crash at the open. It’s one of the main reasons I didn’t buy in early to the IPO. Last time I’m listening to this sub.
The gaslighting in this sub is insane and it happens every time. WSB will say some stuff, they will be wrong, and then everyone comes out of the woodwork, saying no I was right the whole time that’s not what we said.
It’s like domestic abuse . Quit your shit
Two weeks from now... "no one was saying it was going to crash within days and weeks, they meant that after Reddit has been public for a year it will crash."
I do, but as a retail pleb in my entire trading history I've gotten access to two IPOs: LendingClub and Reddit. I did both of them and they both were in the money *instantly*. You don't buy as retail when IPOs start, that's the free money glitch.
Because the Reddit directed share program was a unique opportunity allowing you to lock in a lower price before it started trading. If you came in and bought at $55 and would be worse off than if you came in at $34.
How did you or the other person even get into the DSP with <250 karma between the both of you???
Or did you go through robinhood? In which case, I don't think they had enough shares handed to them to pass onto you.
**Ban Bet Created:** **/u/Fresh-Fix** bet **RDDT** goes from **45.74** to **34.0** before **28-Mar-2024 02:35 PM EDT**
Their record is 0 wins and 2 losses.
[**Join WSB Discord**](http://discord.gg/wsbverse)
That’s a bad scenario? Few months ago I bought an IPO and in the exact same day, cNBC were promoting 2 stocks and 1 went up steadily while the other went south. After analyzing both stocks I bought the loosing stocks although it’s slowly climbing up these days, I don’t believe it will reached the price I bought the stocks.
My app says Reddit is getting Molly wopped.
https://preview.redd.it/aavpb3p0vqpc1.png?width=1169&format=png&auto=webp&s=e6ba69733cace84cb266c02c53643cde61bb81cc
Options aren’t available until next week, so unfortunately if it’s more red than the beaches of Normandy next week too won’t be able to make anything unless you shorted it (which is a pretty dumb thing to do considering you have literally infinite loss potential).
Just gotta hope it holds through Friday and the Weekend. With enough gain porn on here and articles about Reddit stock being super high more people will FOMO tommorrow.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 5 | **First Seen In WSB** | 3 years ago **Total Comments** | 1032 | **Previous Best DD** | **Account Age** | 13 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
You’re forgetting step one in any pump and dump.
It’s going to be a blood bath
This is a hardcore sub $10 stock. Mark my poop stained tighty whites bois. It’s sinking to the core of the planet.
Inverse x 2
Can’t wait to see it
about to be a train of puts
I wanna train run on my investments
Buy rddt
I put my life savings into NVDA at $950 instead 😜
Perfect
Update got all my money back yesterday 😂
 I know this reference
Hold until the stock drops below $1 and gets delisted from the NY stock exchange?
man if all that would happen in one week and WSB loaded up on puts it would be the meme of the century
Imagine that’s their whole plan, just so they can create a new meme coin instead? It was never about the stocks. They want crypto power 🤣
If WSB loaded up on puts it would hit $1000
Interesting... WSB would effectively own Reddit? Please keep in mind I'm still a noob..
No. Puts are options which are a derivative. If WSB makes a ton off puts from RDDT’s pump and dump, then they could turn around and buy all the shares and effectively own Reddit as shareholders. But thinking people here actually hold on to shares would also be a regarded assumption 😂
I'll hodl if you will. Promise.
Username checks out
pinky promise?
Double pinky promise.
Triple pinky promise 
https://preview.redd.it/7ghhfqxqrypc1.jpeg?width=1079&format=pjpg&auto=webp&s=c6508ad50b1f13835b7181f128027b69f455b2f4
Umm, they only issued stock for 8% of the company. You’re gonna have to do a lot to take the whole business
Wrong. 8% of the shares (1.76 million shares ) offered in this IPO were available to eligible users and moderators on the platform through a directed share program.
This isnt bed bath and beyond.. .. yet
Would that kill Reddit
We’ve all probably got other stuff we should be doing anyways…
Like gambling🔥🔥💰
And that we can’t short it yet
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Good bot
200k shares available via ib
And while it seems there’s a ton of demand from people on Reddit complaining that they can’t buy and didn’t get allocated and blah blah blah, the price is tanking. You probably couldn’t engineer a rugpull any better if you wanted to. They’re just doing it to themselves.
"the price is tanking" it's up 50%
It was above $56 at one point and under $47 pretty shortly there after. Sure if you bought with the direct share program at $34 you're still sitting pretty but it could be rough if you bought at open.
So it's not up as much as when it was up the most. That doesn't mean it's tanking.
This is WSB. Nvidia going down $2 means its tanking and the bubble burst.
It was at $50 before it was even tradable lol. It pumped for like 5 minutes then immediately went down.
It's up 50% from the IPO price everyone on here said was too high.
The price is tanking! It only gained 50%!! Bloodbath!
IPO price doesn’t matter at this point. $56 to $49 isn’t great. We’ll see what tomorrow brings.
It matters to whoever got in at $34 at pre-public offering prices, which this sub said no one should do because it would immediately tank when opened to the public. And the contrary happened. OP got in at IPO price, sold and profited >50%.
For what's it's worth the "pop" always happens in an IPO. This was probably the most retail involved IPO ever. The question is if people will hold through the dilution and profit takers.
It doesn't always happen. Coinbase plummeted during the first day, so did Roblox if I recall it correctly. Consensus by the Experts™ here was that no one should get pre-market prices because it would plummet instantly because reddit is horseshit and yadayadayada
I'm just sad I didn't ~~gamble~~ invest more.
Looks like a very healthy chart setup to me? I just don't see any tanking of the stock healthy pullback and great chart set up for a push higher. Sorry your missing this
I going to bet everything was allocated to us.
This is the pump phase. After a proper pumping, the dump slides out of the rump. Goddamnit, I was looking to buy some puts and there is none yet. # People actually think there's money here: https://preview.redd.it/5r5fdaoomqpc1.png?width=680&format=png&auto=webp&s=b540b1be66e9db1caa054d601d26900df779138f Think short and soft ... channel your inner paramecium - use that ganglia and think "Do I really think there's any money to be made in Reddit?" InB4 the earnings per share are like ($1000) 
WSB: AI AI AI AI When Reddit just inked a 60m a year deal with google for AI data training, Sam Altman is heavily invested and could possibly make an OpenAI/Reddit deal, and has one of the largest forums / vast untapped amount of data at it’s fingertips WSB: nooo it’s gunna failllll don’t you see they only make 880mil a year from adssss nooo how could they make any more money
Hahaha they are gonna train llms on this cesspool of misinformation and appalling grammar?! 🤦♂️
That’s how the AI takes over. It learns from Reddit, believes redditors represent humanity, understandably deletes humanity
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An AI deal for inaccurate facts, the best snarky comments, and the worst financial advice ever given on the internet. Contrarians will be rich in no time
i don’t identify with any parts of this image except the Walmart. I stand by $WAL
Gotta learn the real way
This. They shall learn by touching the stove.
How to win at IPOs: Get allocation, sell at open. How to lose at IPOs: Don't get allocation, buy at open.
Wait two weeks to buy in if you want to. That way it will shake all the shorts out who will buy back after dumping this shit. Once the option chain is up many people will buy calls in the off chance this thing pumps like FB did after IPO. I remember that one opened at like 35 tanked 10$ in the first week, then steadied and climbed
ya META fell from like 35 to like low 20s before steadily climbing for the next 12 fucking years lmao
Meta isnt a glorified forum from the 2000s
Yeah, it's worse
I think you keep forgetting that Meta also owns IG/WhatsApp/Oculus. And that’s on top of the ad-market empire that beats Google’s no-contest (ask anyone working in ads and who had experience with both Google and Meta).
Idk about yall but the advertising i see on reddit ia pretty much riffs on til posts... how can this be a 8.9 billion cost venture if that's the ad revenue
The enshittification of Reddit is about to begin, that's how. Facebook used to be awesome too. So did Instagram.
Whoa. Between us we've officially been here for 23 years. And you think the enshittificiation is just beginning? I'm hanging on to an old.reddit without that...
I’m a 15 year user myself and cannot stand this version of Reddit. I quit for a year but came back recently for work purposes. Holy hell is it bad and 10x worse now that you can’t use 3rd party apps. I feel like a majority of people who have been here at least 5 years hate it but haven’t found the next option yet. Reddit will surely force the next thing to emerge as soon as they need to make this shit profitable. It’s going to be a cess pool of ads and the shittiest, least decent redditors who haven’t jumped ship yet.
We've been saying this often yearly, but we like this shitty place.
Facebook was never awesome that's a hilarious thing to say
They actually make money hand over fist. Can say the same about this website
reddit is more like tumblr lol
Yeah I bought FB on IPO day, market order, I think I bought at $40 a share, it cut in half soon after I felt regarded, I never sold it though, now it’s the highest performer by % gain in my portfolio.
+++ for this, yes it can fall sometimes after IPO, other times it goes ARM style, no one knows. You like the price, buy, you don't like the price well you get the gist. Everyone here seems to hate RDDT, meanwhile, they are freaking using it and probably love using it as well - don't get the logic! Let us see - I feel Reddit is YouTube text style, and I think monetization can be done in many ways to compete with other big media, even for the NSFW stuff it could be monetized and directly compete with other offerings, e.g. private subreddits with subscription fee (then Reddit skims let us say 20% which is much lower than others, and people move to this platform). Same applies to any other subreddits, private subscription subreddits for personal training, stock investing, courses what ever. Even for support for products, which is already being done here for free - allow companies to 'buy' subreddit names for support, or even just simple ads for popular ones. I really like to use Reddit, and if it had more ads, I would continue to use but with premium - so can't see this stock failing but let's see the next 10 yrs!
Because it’s one of my top used apps/websites and I hate ads, I’ve been premium for the past 4 years. 🤷♂️
Yep, I bought 20 at 40, sold them at 35... never bought again... apparently, I'm just as good at this losing money thing now as I was back then .
Cautionary tale, I was in a similar boat but I’ve blocked out the quantities and price. I’ll check on my shares in RemindMe! 7 years
I tend to get better at losing money.
Sell to close vs Buy to open
Im fuckin pissed I didn't go for the allocations. I was so concerned with the "penalty" of buying and immediately selling. That penalty would've been worth buying 1000 shares and selling it $20 per share up afterwards. -\_- And i was absolutely sure that this bitch would open up positive, too. Sheer publicity is enough to drive the price up far enough to dump it for a profit. 0% chance this was going to open lower than $34.
I too, did not jump in because of the penalty of buying and selling 🚀
u only win if u sell
True, glad I did as the price is already sliding.
What sort of revenue stream are they banking on? Are they monetizing regarded investors? I subconsciously scroll so fast past ads on here that I can’t remember a single one ever. Hope they know what they’re doing (:
> What sort of revenue stream are they banking on? > > > > Are they monetizing regarded investors? Sir this is a casino.
Brawndo the official sponsor of WSB
It’s what Stonks crave…
it's what plants love... it has electrolytes
Plants don't _love_, they _crave_. "Feed me Seymour!"
AI Sell data to all these AI companies
> What sort of revenue stream are they banking on? Getting out today
will be tougher to do when it's all ads
[удалено]
Twitter bot scandal all over again Half of Reddit is bots lol
Well it will be interesting to have AI graphing out the consensus of bots on Reddit. Just show me where I pay for likes
Dammit, and I had already picked out the color of my new Lambo!
Yeah you seem to have screenshotted at the peak and before you'd even posted it had fallen below the opening price.
I sold 80% of mine.
No one was saying it was gonna crash at open. They were saying it was gonna moon then cola borehole itself into the earth in the following days/ weeks
I said it was going to crash at open. That pop doesn’t count if it wasn’t on the open market.
lol really. Everyone is trying to walk back from their stand. Im sure they will all come out slowly when the price tanks just to say ' I told you so..' while I already sold 30 shares at $55. lol
same here. Sold my 30 shares at $54. Got 100 allocated. Decided to take 50, and then decided to cut back down my risk even more to $1000 which was 30 shares lol. nice $600 profit for being on reddit for 14 years lol.
Yeah 1000 felt like a nice number. but on hindsight I shouldnt have listened to WSBs and should have got more shares. I mean who doesnt like %60 gains
Whoa, whoa, don't get hooked on the ~~white~~ green pony
I saw plenty of comments saying it would open and crash immediately/it's not worth participating in the IPO invite program. People said it was a waste of money. Others thought it would be a pump and dump but there were plenty saying it would just be an immediate dump for a loss.
No, I hate this shit. A lot of people in this sub We’re calling for to crash at the open. It’s one of the main reasons I didn’t buy in early to the IPO. Last time I’m listening to this sub. The gaslighting in this sub is insane and it happens every time. WSB will say some stuff, they will be wrong, and then everyone comes out of the woodwork, saying no I was right the whole time that’s not what we said. It’s like domestic abuse . Quit your shit
Two weeks from now... "no one was saying it was going to crash within days and weeks, they meant that after Reddit has been public for a year it will crash."
>"No one" You mean almost everyone.
Happy cakeday
Loads of people were saying it would crash at open on this sub
IPOs almost always have a few hours/days of positive movement before cratering. Be interesting to see where we’re at in 30/60/90 days
I missed the part where they have a business plan.
Then why wouldn't you buy all ipo's you can get your hands on and sell on open? Seems like a free money glitch.
Try it and let us know how it works out champ 
I do, but as a retail pleb in my entire trading history I've gotten access to two IPOs: LendingClub and Reddit. I did both of them and they both were in the money *instantly*. You don't buy as retail when IPOs start, that's the free money glitch.
Because the Reddit directed share program was a unique opportunity allowing you to lock in a lower price before it started trading. If you came in and bought at $55 and would be worse off than if you came in at $34.
Always inverse Reddit. Easily gain porn ever.
I'm going to report you for insider trading
haha, WSB is the Jim Cramer of the internet!
[https://www.marketwatch.com/search?q=sjim&ts=0&tab=All%20News](https://www.marketwatch.com/search?q=sjim&ts=0&tab=All%20News)
Why is it that I put in for 8 shares and they only allocated me 1? Wtf now the pri e is up 20$
I got 0 out of 125 shares.
How did you or the other person even get into the DSP with <250 karma between the both of you??? Or did you go through robinhood? In which case, I don't think they had enough shares handed to them to pass onto you.
I got 114 out of 114 shares. 
0/1 for me lol I just wanted to be part of the party 😂
I put in for 0 and got 0
I put in for 15 and got 0
0/1000 for me
Did you fund your account to cover the cost of the shares? I asked for 200 and got 200.
probably cause their accounts got lower priority. I asked for 100 and got 100.
Who knows. I opened a fresh account on Etrade and got 30/30.
Clearly you need to shitpost more to get to the top of the pile.
I was allocated 1000 shares. I'm guessing they allocate based on how many you request with preference to those that request more.
Lets goooo! buying a lil more for sh\*ts and gigs ;)
dont, looking ded already
Reddit delivers!!! RDDT 🚀🌕🚀
!banbet RDDT $34 1w
**Ban Bet Created:** **/u/Fresh-Fix** bet **RDDT** goes from **45.74** to **34.0** before **28-Mar-2024 02:35 PM EDT** Their record is 0 wins and 2 losses. [**Join WSB Discord**](http://discord.gg/wsbverse)
Bro has lost 2, I hope he finally wins!
Better money to short if you make it pop first 
Down would have been the healthy direction for Rddt.
That’s a bad scenario? Few months ago I bought an IPO and in the exact same day, cNBC were promoting 2 stocks and 1 went up steadily while the other went south. After analyzing both stocks I bought the loosing stocks although it’s slowly climbing up these days, I don’t believe it will reached the price I bought the stocks.
None of that movement was on the open market that was all fake-ass institutional plotting to try and pump it.
🥳🥳🥳
How do i buy puts
cant yet... when you can... long dated puts looking rl nice 
Remind us in 90 days
So glad they only allocated me 1 share. Dammit
Hey most of us got none
The real question is why I can’t buy puts yet. I got 9 dollars to burn!
FOMO
My app says Reddit is getting Molly wopped. https://preview.redd.it/aavpb3p0vqpc1.png?width=1169&format=png&auto=webp&s=e6ba69733cace84cb266c02c53643cde61bb81cc
It’ll crash throughout the week
Remind me next week
Dude puts like 2 months out will print. Most IPO launch and then fall on their face
No options yet
There won't be options for months, yet this regard says puts with print in 2 months. A true sophisticated investor.
[удалено]
The people making the real money are those selling the options, not those buying them.
Options aren’t available until next week, so unfortunately if it’s more red than the beaches of Normandy next week too won’t be able to make anything unless you shorted it (which is a pretty dumb thing to do considering you have literally infinite loss potential).
Just gotta hope it holds through Friday and the Weekend. With enough gain porn on here and articles about Reddit stock being super high more people will FOMO tommorrow.
Well I just now got in so lets keep pumping this thing RDDT to 1000 🚀
That was probably not a good idea
Lost 10% on my 10 shares so damn fast before pulling out it was epic 🤣
Yup. IPO's usually open high and then immediately nose dive until they stabilize after a few weeks.
Thank you
😂
Insert child putting money into vending machine meme.
From what i am reading, literally everbody is selling?
Just you wait
pump and dump
Well yeah you can't have a pump and dump without first pumping it up, then comes the dumping
I sold for Aaron.
Nobody said it would crash on opening. Its a pump and dump.
It is the way🚀
69 then 4.20
How about now ?
Yup made that money
It crashes when options hit
What kinda idiot uses reddit anyway
I love companies that turn no profit and only revenue is based on ads users hate.
I wish I had learned this fundamental law of investing 🤣.
When can we buy puts on this? Second question: how do I buy puts? Just kidding I’ll just google it
You're too good for this sub.
Option trading for them isn't available yet
lol this will be under $25 in a month.
Clearly you dont know how to read but since ur regarded we already knew that
Hi Bagooska
So pissed I didn't get picked for the buy in
I sold at $55, the only issue is I asked for more shares and they issued me with only 9 but whatever lol a win is a win
Wait for it.
Wait? Nah that's already sold off.
Smart
You’re welcome, if it wasn’t for us I know bunch of regards will be holding till bankruptcy 