Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B

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Kyle_The_G@lemmy.world ⁨3⁩ ⁨months⁩ ago

I bet wallstreetbets is going to pile into shorts out of the gate because who doesn’t want to stick it to reddit and its WSB lol. Then after a slumpy start some whale is going to blow up all those shorts and pump it like crazy and then everyone will buy panic calls and the early ones in will fade the top and screw over the call buyers on the way back down. Thats my prediction. Not touching this with someone else’s 10 foot pole lol

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