| 00:00 - 00:05 | so reddit has a stock sub |
| 00:05 - 00:07 | it’s very popular |
| 00:07 - 00:10 | generates huge profits for the site |
| 00:11 - 00:16 | it gets young men interested and then addicted to gambling |
| 00:17 - 00:21 | then reddit IPOs and skyrockets |
| 00:21 - 00:24 | in large part thanks to wsb |
| 00:29 - 00:31 | the stock hits $270 |
| 00:31 - 00:34 | regards poor in with calls and shares |
| 00:38 - 00:40 | Jim Cramer loves the stock |
| 00:41 - 00:47 | the PE is like 100, but these retards don’t care |
| 00:47 - 00:50 | reddit insiders dump their shares |
| 00:50 - 00:56 | dumping hundreds of millions of dollars of shares |
| 00:58 - 00:59 | Cramer still loves it |
| 00:59 - 01:01 | the stock obviously tanks |
| 01:04 - 01:06 | and keeps tanking |
| 01:06 - 01:08 | where else was it gonna go? |
| 01:13 - 01:14 | redditors hodl strong |
| 01:14 - 01:16 | they buy the f’ing dip |
| 01:16 - 01:20 | and then it dips some more |
| 01:21 - 01:27 | they triple down on their calls and revenge trade with shorter expirations |
| 01:35 - 01:36 | and it keeps falling |
| 01:36 - 01:39 | these retards have already lost so much |
| 01:41 - 01:44 | so they go to WSB for confirmation bias |
| 01:44 - 01:47 | from other retards in just as deep |
| 01:47 - 01:49 | meanwhile MU is on the moon |
| 01:50 - 01:53 | so they keep buying more RDDT |
| 01:54 - 01:56 | diamond hands yo |
| 01:56 - 01:58 | RDDT insiders continue to sell |
| 01:58 - 02:02 | 35 registered sales in 3 months |
| 02:05 - 02:07 | and it’s not gonna stop |
| 02:10 - 02:11 | or slow down |
| 02:11 - 02:13 | stock based compensation |
| 02:15 - 02:17 | it’s truly amazing |
| 02:17 - 02:20 | huffman got 36,000 shares in january alone |
| 02:21 - 02:28 | so redditors are down thousands on the year and it’s only february |
| 02:29 - 02:30 | hodl strong |
| 02:30 - 02:32 | PE still over 50 |
| 02:36 - 02:39 | which is still double META and MSFT |
| 02:40 - 02:42 | their average is $210/share |
| 02:50 - 02:55 | some of the luckier ones have an average of $180 |
| 02:56 - 02:58 | still down like 25% |
| 02:58 - 03:04 | so they have no money to go out or buy anything |
| 03:04 - 03:09 | so they hang out on reddit and complain |
| 03:09 - 03:11 | thus making more for reddit |
| 03:16 - 03:20 | it really is a perfect set up |
| 03:23 - 03:26 | they’ll continue to bitch and buy more |
| 03:31 - 03:36 | so i guess calls on reddit |
