I like SNAP. Think it will go up this week

maxinger said:
you should have bought it around end Apr 20 at $17 (after gap up).
now price is $23 ie 35% profit!
some might have entered earlier in early Apr at around $12.

If you read the postings in this forum,
one of the most common problems in trading is very late entry.
market is merciless to those who are late.
More...
I totally get that but I think its gonna go up none the less.
 
TheFoot said:
I totally get that but I think its gonna go up none the less.
More...
Why?
I don't mean this in a bad way..... but start typing. I'm all ears.
Why do you think this stock will go up?
Paint me a case.
 
Last edited:
vanzandt said:
Why?
I don't mean this in a bad way..... but start typing. I'm all ears.
Why do you think his stock will go up?
Paint me a case.
More...
Sure well starting this Monday snap is launching snap minus.

Here is a article on it. But I also think tiktok is being used by less Americans and Twitter and Facebook have been hacked. Add to that there are some other signs that are more (hope you dont think less of me for saying this but) spiritual I guess you could say. These are half the reason by themselves. Please dont miss understand I'm not saying I'm psychic by any means but I do look for certain signs when making a decision with anything I do and this stick has all the signs. But again that's no gaurentee.


Here is the article about minus.

A core Snapchat app is associated with social activities like photo sharing and gossip, not necessarily mindfulness and inner peace. Yet the app's users will be able to bliss out starting next Monday by accessing the Headspace meditation Snap Mini.
Headspace and a clutch of other offerings form the inaugural set of the company's Snap Minis, which are small sub-apps that are embedded within the main Snapchat app. Users can access Snap Minis while using the main app, and share with other people they are connected to.
 
deaddog said:
It's nice to see someone post a trade in progress.

What is your exit plan?

Good luck or rather good trading.
More...
Well I think I will hold for about 2 weeks. I also think once the government commits to another stimulus plan I think its gonna drive all prices up. But I'll probably bail if it's not up considerably in 2 weeks
 
TheFoot said:
Sure well starting this Monday snap is launching snap minus.

Here is a article on it. But I also think tiktok is being used by less Americans and Twitter and Facebook have been hacked. Add to that there are some other signs that are more (hope you dont think less of me for saying this but) spiritual I guess you could say. These are half the reason by themselves. Please dont miss understand I'm not saying I'm psychic by any means but I do look for certain signs when making a decision with anything I do and this stick has all the signs. But again that's no gaurentee.


Here is the article about minus.

A core Snapchat app is associated with social activities like photo sharing and gossip, not necessarily mindfulness and inner peace. Yet the app's users will be able to bliss out starting next Monday by accessing the Headspace meditation Snap Mini.
Headspace and a clutch of other offerings form the inaugural set of the company's Snap Minis, which are small sub-apps that are embedded within the main Snapchat app. Users can access Snap Minis while using the main app, and share with other people they are connected to.
More...

That's good.
Now...
Next question..... let me ax you this... how do they monetize it? Where's their growth on the top line?
Get into their books.
Why aren't they turning a profit yet?
Its been over 3 years.

Look at it this way....
would you pay $2 million for a lawn care company that has $100,000 annual revenue that makes absolutely zero $'s ... and even costs you money out of your own pocket? At 20x sales with zero profit... that's what you are doing here.

I don't follow the stock nor the sector. Everything I've ever seen... SNAP is juvenile.
Juvenile means fickle. Fickle means "MySpace". Look it up.

Just sayin...

Show me the profit... or I'm not buying.
 
vanzandt said:
That's good.
Now...
Next question..... let me ax you this... how do they monetize it? Where's their growth on the top line?
Get into their books.
Why aren't they turning a profit yet?
Its been over 3 years.

Look at it this way....
would you pay $2 million for a lawn care company that has $100,000 annual revenue that makes absolutely zero $'s ... and even costs you money out of your own pocket?
Because that's what you are buying here.
I don't follow the stock nor the sector. Everything I've ever seen... SNAP is juvenile.
Juvenile means fickle. Fickle means "MySpace". Look it up.

Just sayin...

Show me the profit... or I'm not buying.
More...
No I hear you. And that makes a lot of sence. Hard to argue with with that logic but I just think have to follow it at least for the next 2 weeks. If it dont hit by then I'm out
 
TheFoot said:
Well I think I will hold for about 2 weeks. I also think once the government commits to another stimulus plan I think its gonna drive all prices up. But I'll probably bail if it's not up considerably in 2 weeks
More...
LOL I cringe when I see probably in a trading plan. I sounds like you don't know what you are going to do.
 
You must log in or register to reply here.
Back
Top