Stoney.....
I'm pulling the plug on SNAP for now.
ANYONE WHO READS THIS OR HAS FOLLOWED THIS THREAD>>>> HEADS UP.
I have written it will hit the low forties prior to earnings.
That may happen with the earnings report.
My experience has shown me gaps always get filled.
I do NOT like that gap after last Q's earnings.
To me it looms large.
Make no mistake, I still love the stock, and there is no doubt in my mind that it'll be a steady eddie long term climber.
$70 easy by this time next year.
Oh how boring right?
Whatever on that.
Its come too far too fast however; albeit a good reason for that.
ITS A GREAT STOCK.
But this particular earnings report in it's timeline is dangerous.
They will smash the numbers.
Top line/bottom line/daily users.....
Read that again.
They will kill the numbers.
Just hold off and buy the dip.
If it gaps up and stays.... well.... then we all know it is a super stock.
Wait for a market correction then.
Then buy.
I want a pullback though. At least to $39-$44 ish.
edit... pardon the typo's, left my glasses elsewhere.
I think i got em all corrected though.
I'm pulling the plug on SNAP for now.
ANYONE WHO READS THIS OR HAS FOLLOWED THIS THREAD>>>> HEADS UP.
I have written it will hit the low forties prior to earnings.
That may happen with the earnings report.
My experience has shown me gaps always get filled.
I do NOT like that gap after last Q's earnings.
To me it looms large.
Make no mistake, I still love the stock, and there is no doubt in my mind that it'll be a steady eddie long term climber.
$70 easy by this time next year.
Oh how boring right?
Whatever on that.
Its come too far too fast however; albeit a good reason for that.
ITS A GREAT STOCK.
But this particular earnings report in it's timeline is dangerous.
They will smash the numbers.
Top line/bottom line/daily users.....
Read that again.
They will kill the numbers.
Just hold off and buy the dip.
If it gaps up and stays.... well.... then we all know it is a super stock.
Wait for a market correction then.
Then buy.
I want a pullback though. At least to $39-$44 ish.
edit... pardon the typo's, left my glasses elsewhere.
I think i got em all corrected though.
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