I MENTIONED ON HERE A FEW DAYS AGO ABOUT REDDIT, AND I HAVE IT.  I LIKE THE COMPANY AND THINK IT HAS GROWTH POTENTIAL WHERE MANY COMPANIES IN TECH ALREADY HAD THEIR BIG GROWTH STREAK WHERE YOU COULD GET IN EARLY AND MAKE A LOT.  EXAMPLES MICROSOFT IN THE OLD DAYS, TESLA 7 – 10 YEARS AGO, APPLE MANY YEARS AGO, META MANY YEARS AGO, AMAZON MANY YEARS AGO ETC.

IT IS HIGH RISK IN MY OPINION.  but let’s see what happened today.  The company reported 2024 quarterly reports and their were above the estimates of Wall Street.  This is huge.. Whenever a company “beats the street” investors feel encouraged to buy and prices can go up.  Evidently it is reported that Reddit made some deals with both Alphabet Google and Microsoft Open AI for training the AI models.  I do not know the details of the deals as of now but it sounds impressive. This quarterly result was the first profitable quarter since the company “went public” three quarters ago!

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