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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)

submitted 8 months ago by jeze@lemm.ee to c/technology@lemmy.world

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[–] Kyle_The_G@lemmy.world 28 points 8 months ago (2 children)

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

[–] QuarterSwede@lemmy.world 2 points 8 months ago* (last edited 8 months ago)

I got the you’re invited to the IPO email from them and said, Fuck you Spez, as I deleted it; god that felt good. I hope they short the ever loving hell out of it.

[–] threelonmusketeers@sh.itjust.works 1 points 8 months ago

Someone should crosspost this to !wallstreetbets@lemmy.world.