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Old 03-01-2017, 02:08 PM   #1
mce
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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.
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Old 03-01-2017, 02:23 PM   #2
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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.
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Old 03-01-2017, 02:26 PM   #3
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Quote:
Originally Posted by mce View Post
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.

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
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Old 03-01-2017, 04:01 PM   #4
Barry-xlovecam
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Good luck to the suckers ( I mean winners ).
Good timing though -- lots of fish are feeding.
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Old 03-02-2017, 05:04 PM   #5
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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
Looks like you confused me with someone else?
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Old 03-02-2017, 05:08 PM   #6
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Drove by their office this morning.

The venice locals are picketing :

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Old 03-02-2017, 05:18 PM   #7
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Shit, people will protest anything.
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Old 03-02-2017, 10:46 PM   #8
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its just another twitter,
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Old 03-02-2017, 11:41 PM   #9
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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.
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Old 03-02-2017, 11:45 PM   #10
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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.
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Old 03-03-2017, 02:03 AM   #11
peter.clickpapa
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How much profit does Snapchat make?
Actually nothing, they aren't profitable, but investors keep putting in the money whatsoever.
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Old 03-03-2017, 06:15 AM   #12
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Drove by their office this morning.

The venice locals are picketing :

Interesting parallels between those protesters and critics of Bay Area tech companies
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Old 03-03-2017, 06:21 AM   #13
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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
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Old 03-03-2017, 06:22 AM   #14
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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
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Old 03-03-2017, 12:20 PM   #15
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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
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Old 03-03-2017, 12:40 PM   #16
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fuck no...
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