Once the consequences sink in for ruining Reddit’s engagement to get a better valuation, the stock price will tumble. I think it’s a terrific opportunity for some puts.
I think it’ll go up at first because they’ll convince people all the whiners are ‘just’ superusers that make up 2% of the site, then tank when they realize that 2% is 50% of content and moderation.
Once the consequences sink in for ruining Reddit’s engagement to get a better valuation, the stock price will tumble. I think it’s a terrific opportunity for some puts.
I think it’ll go up at first because they’ll convince people all the whiners are ‘just’ superusers that make up 2% of the site, then tank when they realize that 2% is 50% of content and moderation.