Mar. 12 at 7:46 AM
$RDDT strong short sell candidate
i believe this company is going to crumble like a house of cards .
$RDDT gonna be the next Wirecard
$WCAGY $WRCDF “when” daily active user growth” is audited and is exposed as a nothing more than a counter of spam bots.
They are having a trust crisis. Human participation is hard to measure, and I believe it is actually falling as users leave due to a feeling of being manipulated. But endless unchecked fake accounts that control the Reddit feed more than Reddit itself .
Soon advertisers will stop buying ad space in Reddit. A similar trust crisis exists for
$XCORP and
$META , but one is private and the other has a strong balance sheet (for now)
The myopic decision to focus on “user growth” instead of sting corporate governance , will ultimately be these company’s demise , as users leave, and ad revenue follows ..