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.

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.

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.

$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.

I only buy stocks from companies that produce produces I use.:2 cents:

So basically lube and anal dildo companies? I don't see any public companies offering such 'products' :(:helpme


J/K, breh, don't get mad :1orglaugh:1orglaugh:1orglaugh:thumbsup

Get ready for the HAMMER!

Buy Shutterfly. :thumbsup

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.

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.