2/12/25 - $rddt - i'm bipolar on this... long print

12 lut

2/12/25 :: VROCKSTAR :: RDDT
i'm bipolar on this... long print

- i've been dead wrong about this one. honestly.
- but there's no fighting the usage trends
- valuation is still wildly expensive, but as one knows in this tape, until the music ends... a beat/ a good guide sends something like this... into nothing else matters territory
- so we see meta beat... snap... good #s (but just a confused company)... hard not to see a beat and probably a decent outlook here
- furthermore, i'm massively cash heavy and opened the can of TQQQ p's whoop azz for mid-march to make a call on risk/ growth scare
- SO, when i see interesting places to take risk on with clear catalysts (typically earnings), i'll drop the puck and shoot on net.
- not the highest conviction idea. between LYFT (long) last night and Z (short), i was able to eeek out a nice net gain, but it wasn't pretty
- tonight i'm only taking this one shot, but i've looked to play the fake company APP in a similar fashion. i just couldn't pinch my nose hard enough and ... well... rddt is at least a real company. re: APP IYKYK (hai CVNA fans!)

let's see. here for the show.

V

book rn: 45% cash, 20% nxt (40% gross), 15% obtc, 10% uber (20% gross), 5% tsm (10% gross) and TQQQ p's ~2% (30% gross). assorted other junk ST like blde i wrote up today, trade etc.

12 lut

Zlecenie zamknięto ręcznie

i may just be the jimbo kramer of this company. let this be a note to myself that i don't really have the plot on this one. no blood, no foul. god bless... if co like this beats/ raises and drops 15%... that sort of informs my view on ST action on growth/ multiples/ reratings. let's see. sucks, but it's only a paper cut. moving on.

V