Snapchat is going public soon. Are you going to buy?
- Thread starter Michael J. Fletcher
- Start date
Twitter is not going away, but its also a business.
Never buy a stock for the long term without a clear path to positive earnings and positive earnings growth going forward. To do otherwise is just being a Cramer sheep. Water always seeks its level.
I tend to wonder if that is what people thought of every other stock they bought for the long-term, for the past 60 years, when they went public. I think that if they did, they never would have invested in any of them.
Yeah. But for every one that works, how many fail?
Don't fall into that trap dude. Look at fundamentals, you'll be better off in the long run.
Remember Fitbit at $55?
Twilio at $71?
G/L... be careful.
You want a good stock idea? Keep an eye out on the VR crowd. THAT is going to be damned huge when it finally breaks the fourth wall and pukes on the masses with it's insanity, and becomes not only affordable enough for mass-consumption, but also has the content to help satiate the need.
Give it another couple years. You'll see.
Give it another couple years. You'll see.
I couldn't agree more. They were not going to make money. Thats the whole point. Its not about Fitbit or PeaPod dot Com.... Or any other publicly traded company.
Its about a corporation making money. Long term. In the interim, you can try to game the hype... but trust me, that's a losers song.
Not arguing.... just sayin bro. Better long term stocks out there.
Buy CRM.