$Reddit(RDDT.US)
Context: Seeing AI giants devour Reddit’s data as premium ” digital dog food“, combined with its shiny S&P 500 badge, I refused to believe joining the big league meant instant doom.
My trade: Opened a position in Reddit around $155. I got instantly trapped and felt the icy winds at the peak, but I‘m holding long-term. For a high-volatility software stock sitting on an AI data goldmine, this dip is just a temporary detour.
Takeaway: Next time, hold my horses and wait for an entry near the cozy $140 consolidation pad.
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