Row 40380

Row ID: 40380 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 40380 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I have 2500 shares and adding - don't be scared by the volatility - this will take a few years at least.

Reasons I'm long RDDT:

* RDDT is the third most visited site in the USA and RDDT only has a $9B market cap.

* RDDT's market cap is a small percentage of Pinterest (a site that's widely used by such heavy hitters as elementary school teachers and art majors).

* RDDT's market cap is currently less than RDDT's valuation when Sam Altman/Fidelity invested in 2021.

* RDDT just entered into a contract to train OpenAI (yet RDDT's market cap is still below 2021 levels).

* RDDT attracts a highly intelligent group that feeds the AI beast. Anecdotally, I know for a fact that lawyers billing $1600 an hour are for some reason giving free legal advice to RDDT's highly Regarded users. And leading accountants/insurance professionals/doctors are for whatever reason posting valuable information. I have no idea why - but they do it.

* Sam Altman owns no equity in OpenAI and his largest investment is RDDT. He will take care of RDDT (see OpenAI contract as an example).

* Sam Altman has achieved mythical Steve Jobs/Elon Musk status with his departure and return to OpenAI. You can't overstate Altman's value add.

* RDDT isn't profitable because profitability hasn't been the focus. There isn't a better platform to deliver targeted advertisements to intelligent people with disposable income.

* Insiders will not unload stock when the insider lockout period expires (see above that Sam Altman invested at a higher valuation - people aren't going to unload).

* After RDDT's 2021 valuation, Google started pushing RDDT posts to the top of its search. RDDT's growing exponentially. This is just the beginning.

[Edit: I neglected to add that RDDT changed the stock market forever only 3 years ago.

If any meme stock pumps (i.e., all of the regards here decide to pump any meme stock that isn’t RDDT), then such pump of the other meme stock will cause RDDT’s share price to go 🆙. See GameSop like last week (isn’t this obvious?) In addition to benefiting from the indirect pump of any other meme stock, there will be a day when RDDT users get the genius idea to directly/ primarily pump RDDT.]

Sure this is a lottery ticket - but there is a 50/50 chance that a $50k investment right now turns into life changing money.

Do you want to work until your 65 and almost dead or would you rather take a shot at freedom and happiness while your friends are still alive? Hop on the train now.

FieldValue
text I have 2500 shares and adding - don't be scared by the volatility - this will take a few years at least. Reasons I'm long RDDT: * RDDT is the third most visited site in the USA and RDDT only has a $9B market cap. * RDDT's market cap is a small percentage of Pinterest (a site that's widely used by such heavy hitters as elementary school teachers and art majors). * RDDT's market cap is currently less than RDDT's valuation when Sam Altman/Fidelity invested in 2021. * RDDT just entered into a c…
label r/wallstreetbets
dataType post
communityName r/wallstreetbets
datetime 2024-05-22
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Raw Record

{
  "text": "I have 2500 shares and adding - don't be scared by the volatility - this will take a few years at least.\n\nReasons I'm long RDDT:\n\n* RDDT is the third most visited site in the USA and RDDT only has a $9B market cap.\n\n* RDDT's market cap is a small percentage of Pinterest (a site that's widely used by such heavy hitters as elementary school teachers and art majors).\n\n* RDDT's market cap is currently less than RDDT's valuation when Sam Altman/Fidelity invested in 2021.\n\n* RDDT just entered into a contract to train OpenAI (yet RDDT's market cap is still below 2021 levels).\n\n* RDDT attracts a highly intelligent group that feeds the AI beast. Anecdotally, I know for a fact that lawyers billing $1600 an hour are for some reason giving free legal advice to RDDT's highly Regarded users. And leading accountants/insurance professionals/doctors are for whatever reason posting valuable information. I have no idea why - but they do it.\n\n* Sam Altman owns no equity in OpenAI and his largest investment is RDDT. He will take care of RDDT (see OpenAI contract as an example).\n\n* Sam Altman has achieved mythical Steve Jobs/Elon Musk status with his departure and return to OpenAI. You can't overstate Altman's value add.\n\n* RDDT isn't profitable because profitability hasn't been the focus. There isn't a better platform to deliver targeted advertisements to intelligent people with disposable income.\n\n* Insiders will not unload stock when the insider lockout period expires (see above that Sam Altman invested at a higher valuation - people aren't going to unload).\n\n* After RDDT's 2021 valuation, Google started pushing RDDT posts to the top of its search. RDDT's growing exponentially. This is just the beginning.\n\n[Edit: I neglected to add that RDDT changed the stock market forever only 3 years ago.\n\nIf any meme stock pumps (i.e., all of the regards here decide to pump any meme stock that isn’t RDDT), then such pump of the other meme stock will cause RDDT’s share price to go 🆙. See GameSop like last week (isn’t this obvious?)\n \nIn addition to benefiting from the indirect pump of any other meme stock, there will be a day when RDDT users get the genius idea to directly/ primarily pump RDDT.]\n\nSure this is a lottery ticket - but there is a 50/50 chance that a $50k investment right now turns into life changing money.  \n\nDo you want to work until your 65 and almost dead or would you rather take a shot at freedom and happiness while your friends are still alive? Hop on the train now. ",
  "label": "r/wallstreetbets",
  "dataType": "post",
  "communityName": "r/wallstreetbets",
  "datetime": "2024-05-22",
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}
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