SNAP

[Pekelo]

Below 15 by year's end, below 10 in 2 years....

 

[vanzandt]

Below 15 by year's end, below 10 in 2 years....

37 times sales!
ROTFLMAO

 

[m22au]

Final prospectus 424B4 Index:
https://www.sec.gov/Archives/edgar/data/1564408/000119312517068848/0001193125-17-068848-index.htm

Final prospectus 424B4:
https://www.sec.gov/Archives/edgar/data/1564408/000119312517068848/d270216d424b4.htm

 

[m22au]

"Snap stock suffers first major selloff since going public"
www.marketwatch.com/story/snap-stock-suffers-first-major-selloff-since-going-public-2017-03-06

On its third day of trading, SNAP was down by $3.32 or 12.26% to $23.77.

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[Phill Twist]

Millennial investors will learn that the market does not respect naivety and blind hope. Valuation is a key stock buy/sell indicator.

 

[Jamie J.]

I didn't even think that SNAP would significantly fall so quickly.

 

[Overnight]

I didn't even think that SNAP would significantly fall so quickly.

That's because you didn't realize that SNAP is worth nothing. Nobody gives a damn about it. It's another Fitbit craze thing. Just a fad company. Get out now if you are in it.

 

[m22au]

"Snap perks up after initial rush of short sellers"
https://finance.yahoo.com/news/snap-perks-initial-rush-short-172517858.html

SNAP traded as high as $23.43, after reaching an all-time low of $20.64 yesterday.

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[Phill Twist]

With everybody so eager to borrow it should be interesting to see how fast this shoots up inexplicably with a little bit of buying.

 

[m22au]

"Restricted Stock Units: Another Reason To Be Wary Of Snap, Says Pivotal"
http://blogs.barrons.com/techtrader...other-reason-to-be-wary-of-snap-says-pivotal/

"If this continues, the company would end up offering around 160mm RSUs, or the equivalent of around 11% of outstanding shares over the course of the year".

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