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mce	03-01-2017 02:08 PM

You guys buying Snapchat IPO stock?

Snap is about to launch. It's pricing is over its IPO range. That's how much DEMAND there is for this stock.

Question: you going in?

My bet: This is another Twitter. Unlike FB, Snapchat is a one trick pony built on the demand curve of a very FICKLE demographic.

Porko

03-01-2017 02:23 PM

I want to try but don't have big expectations. I prefer to wait for Uber and AirBNB. So far I had good results with Netflix.

bushwacker

03-01-2017 02:26 PM

Quote:

Originally Posted by mce (Post 21586522)

Aren't you predicting the dow to drop to $3-$5,000? Post your stock picks, so that I can take the other side. Thanks :1orglaugh

Barry-xlovecam

03-01-2017 04:01 PM

Good luck to the suckers ( I mean winners ).
Good timing though -- lots of fish are feeding.

mce	03-02-2017 05:04 PM

Quote:

Originally Posted by bushwacker (Post 21586555)

Aren't you predicting the dow to drop to $3-$5,000? Post your stock picks, so that I can take the other side. Thanks :1orglaugh

Looks like you confused me with someone else? :helpme

C H R I S

03-02-2017 05:08 PM

Drove by their office this morning.

The venice locals are picketing :

http://www.trbimg.com/img-58b61de2/t...t-20170228/600

dillfly2000

03-02-2017 05:18 PM

Shit, people will protest anything.

freecartoonporn

03-02-2017 10:46 PM

its just another twitter,

Paul Markham

03-02-2017 11:41 PM

How much profit does Snapchat make?

The likelihood of it being the go to app of the young in 4 years time make gambling on it a long shot.

GFED	03-02-2017 11:45 PM

i wouldn't touch it. IPOs are for investors. i prefer trading. i'll wait until you can short the stock and play options as well.

peter.clickpapa

03-03-2017 02:03 AM

Quote:

Originally Posted by Paul Markham (Post 21590524)

How much profit does Snapchat make?

Actually nothing, they aren't profitable, but investors keep putting in the money whatsoever.

mce	03-03-2017 06:15 AM

Quote:

Originally Posted by C H R I S (Post 21589873)

Drove by their office this morning.

The venice locals are picketing :

http://www.trbimg.com/img-58b61de2/t...t-20170228/600

Interesting parallels between those protesters and critics of Bay Area tech companies

Brian mike

03-03-2017 06:21 AM

Quote:

Originally Posted by Paul Markham (Post 21590524)

How much profit does Snapchat make?

The likelihood of it being the go to app of the young in 4 years time make gambling on it a long shot.

$400M revenue in 2016

Barry-xlovecam

03-03-2017 06:22 AM

Beware the Ides of March

Quote:

Pivotal Research’s Brian Wieser commemorates this morning’s opening for trading of Snap (SNAP), makers of the Snapchat messaging app that consider themselves a camera company, with a Sell rating, and a $10 target, writing that it is “significantly overvalued given the likely scale of its long-term opportunity and the risks associated with executing against that opportunity.”

The stock is at $24.43, up 44%, after opening at $24, well above last night’s offer price of $17, which was already above the expected range of $14 to $16.

Wieser has a laundry list of concerns, including inexperienced management, deep-pocketed competitors, high cash costs, and slowing growth:

Snap: Sell, Says Pivotal, $10 Target, Based on 2023's $6.7B Rev - Tech Trader Daily - Barrons.com

AndyA

03-03-2017 12:20 PM

Quote:

Originally Posted by peter.clickpapa (Post 21590650)

Actually nothing, they aren't profitable, but investors keep putting in the money whatsoever.

You don't know what your talking about
Here?s how Snapchat makes money from disappearing videos - Recode

JohnnyClips - BANNED FOR LIFE

03-03-2017 12:40 PM

fuck no...

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