If you have ever been on Nextdoor
KIND, then you are aware of how many people are addicted to local news, drama, and crime watching. Add AI to this mix, and I only see growth with this company (if the company manages it correctly). While other social media platforms like X, Meta
META, Rumble
RUM, Reddit
RDDT, etc are focused on world news and drama, the niche with
KIND is unique. User growth will mean everything in the long-term (Q4, 2024 - total weekly active users was 45.9 million, which was an increase of 10% year-over-year).
I was hoping to enter after the most recent earnings call since I anticipated a major drop to close the large price gap below $2.00 (the company is developing the "Next" platform to enhance user growth and revenue (anticipated release is mid-2025) which will hit earnings). Maybe this platform will be a dud since the company has been hush about it, but it least shows a plan for growth and engagement.
At $2.75,
KIND is in a personal buy-zone. I'm prepared for a bumpy ride... the $1 zone or under isn't out of question - reason this is a "starter" position.
Targets:
I was hoping to enter after the most recent earnings call since I anticipated a major drop to close the large price gap below $2.00 (the company is developing the "Next" platform to enhance user growth and revenue (anticipated release is mid-2025) which will hit earnings). Maybe this platform will be a dud since the company has been hush about it, but it least shows a plan for growth and engagement.
At $2.75,
Targets:
- $2.00
- $2.25
- $2.45
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.