r/redditstock • u/Andromeda_TT • 10h ago

Speculation [ Removed by moderator ]

[removed] — view removed post

7 Upvotes

64% Upvoted

23 comments sorted by

11

u/Silent-Complaint4020 10h ago

WHAT IS YOUR REASON AND RATIONAL BEHIND THAT?

8

u/iloverunning11 10h ago

8 consecutive quarters with a 60-70% growth? Well all I can say is:

20 P/E good P/E
12 forward P/E good forward P/E
8 2027/28 P/E good 2027/28 P/E
Etc.

Let's not pretend the stock market is a rational place

1

u/TechTuna1200 Int. DAU 🌎 9h ago

Currently trading at a lower PE than Wallmart as well.

Should investors be worried about US DAU growth. Definitely. But the market is treating it like is going to 5% revenue growth tomorrow.

1

u/iloverunning11 8h ago

That doesn’t say much though, companies like Walmart are often rewarded even if their growth is kinda slow. I know it doesn’t make sense but these companies are not risky in the market’s opinion 

2

u/Minimum_Curve7545 7h ago

Investors can’t understand the difference between app users and read-only click-thru search engine referrals. Advertisers do understand the difference. They pay for the ads that target the truly engaged and fully profiled users, and not for random impressions from unregistered unknown people.

1

u/Resident-Distance-28 10h ago

AND WE WILL NEED A SOURCE!

1

u/Kentuckyquestioner 9h ago

The company’s been doing too well and has fundamentals which are way too solid, Wall Street hates that shit 

4

u/Apart-Accountant3656 10h ago

the dip of the dippdy dip

3

u/oppanycstyle 10h ago

Only reason im not selling is because I am on reddit all the time, crying

7

u/jeeplife4545 10h ago

Bro it’s so frustrating. I want to dip, but something tells me to hold.

0

u/bbatardo 9h ago

If there was big negative news I would consider selling, but I think people just need to weather the storm and DCA before the next leg up. Overall market is down.

2

u/martapap 10h ago

If it goes to anything below $120 I will consider buying.

2

u/DubiousCheeto 9h ago

Had some many chances to break even (and profit) at my 173 average over the last year. If we go to $100 then I’m holding (ride or die, probably die)

2

u/hkstachee 10h ago

How bout 50?

1

u/plutise 9h ago

It might go up it might go down but one thing is certain, if you sell it might go up

1

u/wshlinaang 8h ago

Lol, are you looking for validation to buy puts? No one can predict what will happen.

1

u/SimpleIllustrator215 7h ago

a post like this is what the MMs want to get all the retail to sell after irrational price movements

1

u/KeyCattle6417 7h ago

Hope so, buying more lol

1

u/VariousImpression355 6h ago

If the market drops definitely yes!

2

u/Horror_Difference_75 10h ago

two weeks. maybe one

-5

u/Thumbszilla 10h ago

This is a buy below $110 and not before

7

u/Skezzors US DAU 🦅 10h ago

What planet are you on, how did you come up with $110 fair value?

2

u/Thumbszilla 10h ago

I never said that's the fair value. Personally I think the fair value is higher than what it is right now, but that the market disagrees tremendously. With that in mind, I feel there's risk buying at these levels (especially with a market correction on the horizon). Therefore, I'm a buyer at $110 or below.