Buy reddit: ads don't suck anymore.
$RDDT
AI SUMMARY — Reddit's improved ad targeting and personalization is attracting the author's investment interest, with a bet that better ad relevance will drive company value. Key risks include Reddit's historically inconsistent ad performance, competitive ad markets, and the author's admission that WSB speculation hasn't been profitable.
| TICKER | RDDT |
USER | u/red_fluke |
| RATING |
BULLISH |
ENTRY |
$149.54
|
| POSITION |
66 sh
SYN
|
BOOK VAL |
$10000.67 |
| CURRENT |
$154.98 |
P&L % |
+3.64%
|
| CURR VAL |
$10364.48 |
P&L $ |
+363.81
|
So I invest lot of time on reddit. Much more than I spend touching grass. Reddit ads used to be shitty. I don't even remember most times what ad was even trying to sell. Lately I see reddit is having much more personalized ads that look relevant and catch attention.
Sold all my meta holdings to hop on reddit. WSB never made me any money, but I hope reddit does.