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Has Reddit’s traffic really quadrupled in 6 months? (www.bandt.com.au)
submitted 2 years ago by to c/asklemmy@lemmy.ml
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If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?

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[–] 21 points 2 years ago (1 child)

So what you're saying is we should short the stock to make it big

Could even open a lawsuit and force reddit to investigate how much of their traffic is bots, immediately after the IPO

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  • [–] 2 points 2 years ago

    This is not financial advice… typically these things balloon fast, and maybe stay up a week or two before anyone buying is done buying and the price collapses to the point informed investors want in. You can also have people doing price support early (“a squid on the bid”) to avoid a depressing price collapse in the opening phase, but that’s something you have to feel from experience.

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