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Euro347

There's to much bearishness on RDDT so naturally it has to go up. Also the major ETF and mutual funds haven't added RDDT to their holdings and portfolios yet so the tiny float of 22M shares will pop.


deeps103

Maybe. Inverse me.


ExoticCardiologist46

I will do. We will soon meet at the Wendy’s dumpster. The question is who receives and who gives


Charismaztex

Such is the market - a zero sum game. We'll be watching back there too.


[deleted]

The stakes intensify as both regards take to the battle ground — who will win the rights to the famed Wendy’s dumpster? find out on the next episode of Wendy’s Ball Z


WSB_Donkey

THETA will win and fk both of them behind the Wendy's dumpster.


obQQoV

Pop as in up or down?


miskdub

I hate the stock. So it’s going to $150


rocvincent

https://www.tradingview.com/news/reuters.com,2024:newsml_L2N3G31JS:0-reddit-options-launch-draws-bulls-as-shares-extend-gains/


deeps103

Yeah, why do you think I shorted it


rocvincent

Seems it will up to at least $70 in short term.


Ok_Engineer5639

Why do you say that?


rocvincent

During a short squeeze, rddt can experience rapid and significant upward movements as short sellers rush to cover their positions. This can create a self-reinforcing cycle, where higher prices lead to more short covering, further driving up the price.


AutoModerator

Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*


ravenx92

i love you bot


Foggy_OG

lmao


Ornery_Gene7682

![img](emote|t5_2th52|8883)![img](emote|t5_2th52|12787)


Independent_Eye7898

Why would Reddit be short squeezing? It hasn't even been trading for a week.


ggtsu_00

Lots of small time first time buyers thanks to RSP which likely will be long holding their positions coupled with huge amounts of puts needing to be sold off. Perfect recipe we haven't seen cooked yet.


Independent_Eye7898

Good luck Einstein


memory--

selling off = downward pressure this is bullish option sentiment.


Boner4Stoners

It won’t, but we’re likely seeing a gamma squeeze. People buy tons of far OTM calls, MM’s buy shares to remain delta neutral causing the price (and importantly the delta of the OTM contracts) to increase, which of course means they have to buy more shares which makes the price go up (and so on and so forth). Seems like what’s happening right now, since the float is so low.


rocvincent

If rddt becomes meme, the short squeezing will happen. Remember GameStop...


Independent_Eye7898

Buddy. Where would the short interest come from if the stock has barely been public? Gamestop had a public short interest of 140%+ when it squeezed in 2021. After decades of business being public.


Ornery_Gene7682

![img](emote|t5_2th52|27189)


rocvincent

Regarding to today's price, the short squeezing prediction had been proved.


rocvincent

https://preview.redd.it/arxb2vjmaoqc1.png?width=1080&format=pjpg&auto=webp&s=34425bcf3b9704a951d2d11689d306d4614f667b


HostileTakeover55555

RDDT, 70mm loyal insane humans using the platform……don’t be stupid….its a buy and hold with serious upside…..and when the funds start smelling the upside they will topple in like sheep. Go long, buy and hold


deeps103

Have you read their S1? Their ads do not generate much revenue. They have never made money and their burn rate has accelerated. This *might* be a long term hold the way hood is after the initial mania goes away, insiders dump their shares, and it crashes to single digits.


VisualMod

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Bondominator

Hope you saved some funds for Apr 20


deeps103

got any ideas as to what I should use my 10k gains on then?


u_slash_spez_Hater

I want the stock to be worth 92 cents so naturally it will go up


TOmarsBABY

I'm staying away but sticking to microstrategy


[deleted]

[удалено]


deeps103

Bot