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Posted on 3/7/24 at 8:54 am to Dairy Sanders
quote:
The CCP literally has part ownership of the site so that’s why.
Reddit is about to IPO. I don't know when and I don't care. IPO should be avoided like the plague.
They keep sending emails and private messages to anyone with a reddit account to pitch preferred stock, so either the plans aren't going well with the big institution investors, or they just want to pump and dump their followers. I think you are restricted on selling these pigs for 180 days, so you are stuck while the price falls to where it should be valued.
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