Good point.Wait till they can suck in some shorts, so far its just buyers .
Good point.Wait till they can suck in some shorts, so far its just buyers .
Don't hold your breath for this to wind up on a "short list" any time soon. They also need to get past the cooling off period.I haven't used it , even once.
Stock was so hated by all the know it alls, it just about had to do well , at least early on. Wait till they can suck in some shorts, so far its just buyers .
lmao 100% ture, I used to delete it, and then install it again. I thought that I don't get it...I can honestly say that snapchat is the one app on my phone that I think about deleting on a regular basis. I never do because I keep thinking, "I must be missing something with this stupid app. It can't be this useless. I will check it out again later." But no matter how many times I go back to it, I still can't find a reason to like it. The fact that this app is the basis for a $23 billion dollar IPO blows my mind, and is the biggest indicator I can see that indicates a market TOP.

I know they say that children are our future and all that crap, but the big problem these days is that the millennials are poor. They have lots of debt, not great job prospects, and although they seem to be the dumbest generation yet and hence perfect for spending money on overpriced phones and useless apps, their small cash flow means that you can only suck so much money out of them. It has also been said that they aren't too interested in owning stuff, but having experiences, and sharing it with the world. This doesn't bode well for retail as we are seeing though.I have no idea what makes millennials tick
Very well said.I know they say that children are our future and all that crap, but the big problem these days is that the millennials are poor. They have lots of debt, not great job prospects, and although they seem to be the dumbest generation yet and hence perfect for spending money on overpriced phones and useless apps, their small cash flow means that you can only suck so much money out of them. It has also been said that they aren't too interested in owning stuff, but having experiences, and sharing it with the world. This doesn't bode well for retail as we are seeing though.
So even if you know what makes them tick, how much money will there really be in exploiting this?
Don't hold your breath for this to wind up on a "short list" any time soon. They also need to get past the cooling off period.