SNAP

[Michael J. Fletcher]

How can it still be trading above $20?

 

[newwurldmn]

I always laugh when the media reports concerns for user growth and profits as to why a stock drops. This is not new information so how is this the headline? What we do know is that the underwriters had free stock options at the 17 strike and pumped the stock above 27 to make $300 million. Now why don't they just report that this was your typical pump/dump? That is what happened and the underwriters walked away with their money... end of story..

They don't want to admit to Main Street that market manipulation by the underwriters is not only legal but encouraged during an IPO.

 

[vanzandt]

$19 Calls for $1
Should work well this week.

 

[vanzandt]

Snap gets its first buy recommendation.
Wonder how long that guy will keep his job.
https://www.fool.com/investing/2017/03/20/snap-wins-its-first-buy-rating.aspx

 

[Jamie J.]

SNAP is still on the ground of decline. Looks like it's a bad idea to expect some bounce in the nearest time.

 

[vanzandt]

$19 Calls for $1
Should work well this week.

They're $1.50 now.

 

[vanzandt]

They're $1.50 now.

They're $2.80 this morning.
Snap up 6%

 

[Michael J. Fletcher]

And everyone thoughts it would tank after the IPO...

 

[vanzandt]

And everyone thoughts it would tank after the IPO...

It'll tank near lock-up expiration... for now its a squeeze.

 

[Jamie J.]

Increase by 7.07% today. It seems that SNAP is getting to be a market gainer again.