u/ECHuSTLe

You can’t make this kinda stuff up. On January 15th RBC warned of mixed feedback from advertisers which helped the stock plummet that day -10%. The selloff started after the stock topped around January 12th. They got the selloff they wanted but also helped scare everyone away in the process. Now that nobody is buying the stock and they themselves are likely bagholding as their story was part of the thesis that magically formed in January they all of a sudden want to pump the renewal of licensing deals. These clowns are everywhere I swear. I find it absolutely hilarious if I’m being honest, help tank the stock and push all the hype away and then panic when you realize your words have actual consequences.

I gota rethink my whole thesis on Reddit over the weekend. I genuinely don’t know if I’m willing to watch it go to 135 again. I guess it’s extremely over valued? I just don’t know anymore. Reading all the posts and comments today I realize I’m not alone with my frustration and disgust in Reddit. Hundreds of upvotes and comments today posted by my fellow retailers who have seem to have had enough of this bullshit.

It’s clear to me that there’s no buyers for the data Reddit is supposedly selling. The share based compensation is only going to continue to weigh very heavy on this stock. Besides advertising revenue growth I don’t see a lot of upside. The realization that this is a one trick pony kinda sucks right now. I’m feeling very discouraged and disappointed in myself.

I’d like to formally welcome all the new bag holders! This is a cozy place that’s fun and sometimes hostile to opposing opinions. Settle in, you’re gona be here awhile.

You can’t make this stuff up. They state the companies Q1 results came in below the first expectations. Unbelievable really the manipulation that has been going on since January and the continued attempts as Reddit slowly recovers. If we could just gap up over $200 and leave all these morons behind that would be great.

1st quarter 2026 earning surpassed everyone’s expectations. They achieved $1.01 EPS on pure fundaments. I figured they would have bought back a ton of shares to be able to post that beat but they didn’t. They only bought back 35k shares and spent 5m doing so.

Reddit is 1 big announcement away from catching all the naysayers completely off guard and going back to all time highs. If they announced a new AI/LLM deal with any of the big players or just a renewal with Google or OpenAI we’d be well on our way.

Next Anthropic update is around May 20th but I think that’s just a preliminary discovery type court date but I’m not sure it’s hard to find any info about it.

Hopefully we’ve already seen the 2026 lows and continue upward. Steve stating there’s no AI without humans should hit home for everyone and the market should start front running companies like Reddit so I hope they can announce a other deal soon to reaffirm this with the market makers and hedge funds.

The stock is now trading at the exact same level as it was on April 20th! We have made up no ground at all since the January 12th sell off. We still need major volume on Monday to push us into the low 180’s otherwise we remain range bound from 138-165. Earnings could literally have not been any better.

$1.01 EPS and they only bought back 35k shares so no weird accounting gimmicks or anything just pure fundamentals that crushed expectations.

This was the report we needed to hopefully get us back above $200.