scottywhtoNews@lemmy.world·7 months agocross-posted to: reddit@lemmy.worldreddit@lemmy.mlReddit Insiders Selling Days After IPO; Shares Fall(www.investors.com)external-linkarrow-up1636arrow-down115message-square170fedilink
arrow-up1621arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fall(www.investors.com)scottywhtoNews@lemmy.world·7 months agocross-posted to: reddit@lemmy.worldreddit@lemmy.mlmessage-square170fedilink
minus-squaredhorkEnglisharrow-up65arrow-down0·7 months agoedit-27 months agolinkfedilinkShares “dove” to $50, which is still about $49 too high
minus-squareDelphiantaresarrow-up42arrow-down0·7 months agolinkfedilinkAnything that keeps them listed on the exchange is too high honestly
minus-squareShepherdPiearrow-up18arrow-down0·7 months agolinkfedilinkIf you want to have a laugh at how ridiculous the whole market is, Trump’s Truth Social just IPOed and has the same market cap as Reddit even though it’s much smaller and full of insane people.
minus-squareEvilcoleslawarrow-up18arrow-down0·7 months agolinkfedilinkTo be fair, Truth Social has a userbase who have proudly declared that they are rubes ripe for further grift.
minus-squareLucidlethargyarrow-up2arrow-down0·7 months agolinkfedilinkSo… It’s more or less the same as Reddit, but with way, way, way less users and post history.
minus-squareUltragigagiganticarrow-up2arrow-down0·7 months agolinkfedilinkI wonder what the ratio of asblock users are between the two websites.
minus-squarejoekar1990Englisharrow-up4arrow-down0·7 months agoedit-27 months agolinkfedilinkWhat!? Of course it should be valued that high! Totally good indicators of Estimated 5million total users 3.5m revenues 49m operating expenses Worth it! /Sarcasm
minus-squareUltragigagiganticarrow-up1arrow-down0·7 months agolinkfedilinkHow much would you pay to correct the record?
Shares “dove” to $50, which is still about $49 too high
Anything that keeps them listed on the exchange is too high honestly
If you want to have a laugh at how ridiculous the whole market is, Trump’s Truth Social just IPOed and has the same market cap as Reddit even though it’s much smaller and full of insane people.
To be fair, Truth Social has a userbase who have proudly declared that they are rubes ripe for further grift.
So… It’s more or less the same as Reddit, but with way, way, way less users and post history.
I wonder what the ratio of asblock users are between the two websites.
What!?
Of course it should be valued that high!
Totally good indicators of
Estimated 5million total users
3.5m revenues
49m operating expenses
Worth it!
/Sarcasm
How much would you pay to correct the record?
$0.