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Old 07-28-2017, 02:19 PM   #1
mce
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At what price point would YOU buy Snapchat stock?

I'm guessing around the $3 range... By then, you're out of the 'makes as much sense as trying to catch a falling knife' range.
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Old 07-28-2017, 02:49 PM   #2
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I'm guessing around the $3 range... By then, you're out of the 'makes as much sense as trying to catch a falling knife' range.
IMO there are better stocks for "investing" or buying shares. Take a look at the consumer staples. The whole sector has been getting hit. Tobacco stocks had a nice pullback today as well.

As for SNAP, I've taken advantage of the high IV to play some short term options, but I'm not a long term holder. I might play a naked put for earnings coming up but not much more than that.
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Old 07-28-2017, 03:47 PM   #3
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Why don't you invest in a Russian company? According to your threads there's so much wrong with America and so much corruption and Putin is the king of Utopia.
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Old 07-29-2017, 05:37 AM   #4
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$2 is a good buy.
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Old 07-29-2017, 01:32 PM   #5
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$2 is a good buy.
If insiders start to dump (unlock period expiration date is coming up!) $2 will NOT be a far-fetched idea.
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Old 07-29-2017, 04:06 PM   #6
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I only buy stocks from companies that produce produces I use.
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Old 07-30-2017, 03:37 PM   #7
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I only buy stocks from companies that produce produces I use.
So basically lube and anal dildo companies? I don't see any public companies offering such 'products'


J/K, breh, don't get mad
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Old 07-31-2017, 06:14 PM   #8
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Get ready for the HAMMER!
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Old 07-31-2017, 06:21 PM   #9
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Buy Shutterfly.
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Old 07-31-2017, 06:26 PM   #10
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The kids love snap chat.

We set up a snap chat with our best friends and our kids and we've been having a blast with it. They live out of state and it's brought our families much closer.
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Old 07-31-2017, 07:09 PM   #11
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I'm guessing around the $3 range... By then, you're out of the 'makes as much sense as trying to catch a falling knife' range.
That would be a 75% haircut off the current price and put them around a 4 billion market cap. Still too high. SNAP isn't facebook.
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Old 07-31-2017, 07:16 PM   #12
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That would be a 75% haircut off the current price and put them around a 4 billion market cap. Still too high. SNAP isn't facebook.
I beg to differ. At that price/cap level, SNAP's tech profile would be appropriate compared to Facebook's tech level.
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