RDDT Any concern about this FTC investigation ? Seems to be what has depressed the RDDT price recently. Will this blow over soon, or drag out like SMCI and WOLF?
RDDT shows its vulnerability if GOOG tweaks their algo. Also if user growth is slowing, Reddit's ability to crowdsource answers and ideas gets weakened. Still, the company's value is huge with its big repository of data that it can leverage. I'd set up a small entry here and have some limit buys around 190 in case this dips further.
RDDT bulls getting cracked by bears on every pop. thinking 197 before we see any chance of a short term reversal into tomorrow. we lose 197 and.... yikes