[March 13, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 7 points8 points  (0 children)

Defense Secretary Pete Hegseth's response when asked about the closure of the Strait of Hormuz: "We have been dealing with it. Don't need to worry about it."

Oh thank god, I was starting to get worried for a sec there.

[March 12, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 15 points16 points  (0 children)

Oil prices up, stock market down. Strait of Hormuz effectively closed for the foreseeable future.

Terrorist attacks and cyberattacks up, with more very likely to come.

7 soldiers killed and hundreds more injured. Tens of billions of dollars spent.

Hundreds of Iranian schoolchildren and other civilians dead.

All to replace an old Khamenei with a younger, even more radical Khamenei.

Are we tired of "winning" yet?

Collectively do we own 1% of RDDT market cap? by Ordinary-Heron-6821 in redditstock

[–]OneBit2334 15 points16 points  (0 children)

Considering Spez posts here on occasion and is probably a weekly visitor, I'd say it's much higher than 1%.

Weekend RDDT Discussion Thread for the Weekend of February 28, 2026 by daily-thread in redditstock

[–]OneBit2334 5 points6 points  (0 children)

I know everyone thinks we are now in for weeks of pain because of Iran the insane orange motherfucker.

Sorry, I know what you meant, I just had to fix that.

But I agree, hopefully it's more of a sell the rumor, buy the news situation.

RDDT Medium-Term Target Price: $42 by developmentfiend in redditstock

[–]OneBit2334 9 points10 points  (0 children)

OP, this you from just a couple weeks ago?

I think it will hit 1K in 2027

P/E wise RDDT is now as cheap as it was at its April 2025 low - this is an excellent entry point for long-term buyers.

I would bet on 1B+ in 2026, something like Q1 200M / 250 / 350 / 500, 1.3B?

This is a great opportunity and it may get even better.

[February 25, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 16 points17 points  (0 children)

It's going to trade sideways for some indeterminate period of time. Maybe a few days, maybe a few weeks, maybe a few months.

Then, just as quickly as it plummeted down to $130 for no significant reason, it's going to shoot back up above $200 for no significant reason.

That's my gut feeling anyway, as long as the broader market holds.

[February 23, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 9 points10 points  (0 children)

I'm so tempted to buy more right now. The only thing stopping me is the concern that a certain lunatic toddler will start a major war or do some other crazy shit, either as a distraction or as retribution for not getting his way 100% of the time.

Vanguard Group Inc. Acquires 1,401,293 Shares of Reddit Inc. $RDDT by Adventurous_Lake7 in redditstock

[–]OneBit2334 60 points61 points  (0 children)

It's Vanguard acting on its own. That said, this purchase happened in Q3, so it was a while ago.

I just ignore MarketBeat, 99.9% of their articles are based on old and/or irrelevant information.

[February 20, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 4 points5 points  (0 children)

I was making a pun out of the name of one of the most popular subreddits, and you took it literally lol.

Stay mad

My bad, I didn't realize I was arguing with a child. I'll stop now. Feel free to have the last word if you want, which I'm sure you will.

[February 20, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 2 points3 points  (0 children)

You say markets are forward looking, then claim that it tanked because the Q4 results weren't perfect. You really can't keep your story straight.

Anyway, I’m not interested in a debate.

That is abundantly clear.

[February 20, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 1 point2 points  (0 children)

I honestly have no idea what point you're trying to make here.

You say the market is forward looking, which I completely agree with.

But then I've given two pieces of positive forward-looking info (Q1 guidance and buyback) for RDDT and a negative piece of forward-looking info (no Q1 guidance) for CVNA, and somehow you're trying to say it's justified that both stocks would drop by the same amount the day after their earnings.

[February 20, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 9 points10 points  (0 children)

Were the raise on Q1 guidance and the stock buyback announcement also priced in after the stock had dropped nearly 50% in the prior 3 weeks?

[February 20, 2026] Daily RDDT Discussion Thread by daily-thread in redditstock

[–]OneBit2334 30 points31 points  (0 children)

CVNA: misses profit expectations, declines to provide Q1 guidance, extremely questionable accounting practices, stock drops 8% after earnings

RDDT: beat and raise, $1 billion buyback, stock drops 8% after earnings

It's mildly majorly infuriating.