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Raymond James says buy Harmony on weakness after 'low quality' short report 13:04 HRMY

For the brave-----

HRMY Harmony Biosciences Holdings, Inc.

$30.03-11.47(-27.64%)
 
stonedinvestor said:
Vz on SNAP they got themselves in a pickle with the VR stuff it's not coming fast enough and FB is cutting back.. Apple has a product that i hear is going to fail.

Also CEO selling shares

Snap COO sells $763.9K in common stock 03/20 SNAP In a regulatory filing, Snap disclosed that its COO Jerry Hunter sold 69.8K shares of common stock on March 16th in a total transaction size of $763.9K.

Another problem you run into with SNAP is the abuse of children and drugs being bought.
Ironically--> Snapchat blocks fewer children from app than TikTok in U.K., Reuters says SNAP Snapchat is removing dozens of children in the U.K. from its platform every month compared with tens of thousands blocked by rival TikTok, Reuters' Martin Coulter reports, citing internal data the companies shared with Britain's Ofcom. Ahead of the country's planned Online Safety Bill, Ofcom asked TikTok and Snapchat to disclose how many suspected users under the age of 13 they had booted from their platforms in a year, the authors says. According to the data, TikTok said that between April 2021 and April 2022, it had blocked roughly 180,000 suspected underage accounts in Britain each month, whereas Snapchat said it removed roughly 60 accounts per month, the author notes.

So any resulting hampering of Tic Toc and access to children I think will have NEGATIVE effects on SNAP not positive. Those buying now are hoping for some positive adding of accounts. i don't see it.

I don't feel strongly either way but SNAP is a dead idea now.
More...

Snapchat has 375 Million Daily Active Users accordingly to their last quarterly.
100M in the U.S.

$5 Billion in sales is the low estimate for 2023.
Gross margins are 61%
2022 net operating margin was -30% >>> horrible right.
Except for the fact that every 100 basis point point increase in that net margin equates to $0.035/share. (Using 1.6B shares outstanding)

At a PE of 20, which is low, that equates to $0.70/share increase for every 100 basis point improvement.
$1.40 at the current PE.

Meta has an operating margin of 25%.
When Evan Speigel turns the corner on the ebitda, which he is doing, anything close to Meta's margins puts this stock at $45 with no growth and a 20PE.

Now he won't do that all at once, but you can rest assured each quarter going forward will reflect several points improvement on those bottom line numbers. To start, they are laying off 20% of their workforce. They don't need them anymore. The platform is built and from here on it out, it turns into a cash-cow just like Facebook did when it was 6 years old.

Numbers don't lie Stoney.
Nobody cares about your theories on drug sales or whatever you're babbling about above.

Even at a PE of 10, going forward it's a $20 stock easy.
And what if they make an offer for Tic-Toc. :wtf:
Evan Speigel is only 32 years old.
Think he's done?
No way.

Edit... oh yeah, don't forget those ad dollars are gonna start gushing in in about 8 months as all the politicians want to reach that prime voting age demographic. They don't use Facebook.
Facebook no... SNAP yes.
And look at how far Meta has come in the last few months.
Next on deck... SNAP :sneaky:
 
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