
Did I get a good price?
Should I buy more? Idk I’m a bit worried about this one

Should I buy more? Idk I’m a bit worried about this one
I know it’s not a huge position but I bought in during the dip and made some decent profit
I think this means another AI deal or partnership is upcoming and could be bullish. He said this in today’s AMA. Thoughts?
“If you talk to any of the early engineers from any of the major LLMS, they’ll all tell you Reddit’s data was essential in their creation.
Reddit is the #1 most cited domain for AI across all models, per data collected by Profound. Our content is uniquely valuable to the AI ecosystem because it’s fresh, honest, and largely text-based. And this position still holds because the fresh part really matters: ongoing indexing is more valuable than static datasets. As I said in Q1’26 earnings, I believe our conversations are like oil for this modern internet.
We’ve learned a lot over the last two years and those learnings should be reflected in future partnerships, including ways to make them more product-focused versus “data for dollars.” I can’t get into specifics about deals or renewals, but can say that we fully understand the value we bring to the table.”
Well guess what, after a year of bag holding I’m out. This stupid ass stock couldn’t pay me a dime but instead made me waste time and a ton of money. I’m moving to semis because that’s clearly where the money is. Also have you guys seen Google’s announcement? This is gonna fuck up the algorithm to Reddit mark my words. Good luck to you all ✌️