Peter Hodson Reddit Inc. RDDT-N BUY ON WEAKNESS Mar 27, 2025

A 19-year-old company that's been unprofitable and cash-flow negative, but it's had a monster run since IPO'ing last week. Doesn't think much of it, but take profits.

The CEO has a great long-term model. he expects good numbers from them.

Be aware that when you have a stock that hasn't been listed for that long, you don't have a lot of data to work with. Technical analysis is all about crowd behaviour -- trends, volume, a picture of how investors feel about a stock.

Since the summer, this one broke out of a saucer-like formation and now it's heading up. So far, looks good. But because it's such a "young" stock as far as being listed, hard to tell if any resistance or stopping points ahead.

He likes it, but the chart is parabolic. It's moved up too much and needs to pull back.

Would recommend selling shares. Media and social media very competitive. Other companies like Snapchat, Meta and X can erase future of company very quickly. Too hard to determine outlook for this business. 

It went up huge recently. Buy at $140-150.

Up 11% this week, and 35% this year. RSI of 74. Giving it a long leash in his stop. Has long owned it. It's on fire.

Went down. There was a big short squeeze. The CEO is doing very well, but fell short of high expectations. Start a position now and leave room for adding more if it goes down.

Expectations were too high going into the quarter, and there was no way they could be them. Shares have since fallen enough for a partial buy and an entry.