Reddit IPO: Should You Buy Reddit Stock?
https://www.kiplinger.com/investing/stocks/reddit-ipo-should-you-buy-reddit-stock
Apparently plans to price its offering in the $31 to $34 per share range. With a roughly $6.5 valuation – and puts it in the running to be one of the biggest IPOs in the U.S. history.
I'm excited to see how it'll play out. What do you guys all think about this?
I see but what if it takes off within those couple years?
I think it valued correctly and if the timing/opportunity checks out - after IPO is a good chance to hop on the train.
My personal rule with IPOs is "Give it 3-5 years, then consider it" and I'm not breaking that for Reddit.
Especially with some of these IPOs lately, I'm looking at you:
To name a few. Basically anyone who's numbers may be inflated by the pandemic, I'm giving it a few years before I seriously look in to it