If owners of a company make more money from rising stock prices then from operational profits, it is time to get out quickly. Healthy companies have big, and fast growing operational profits.
Think this guy read my past posts about Snapchat, however he is still valuing it at a huge value compared to what I think it's worth which is no more than $10-$30 million.....wallstreet hype believes it's worth nearly $30 billion ....
Snapchat is ‘total junk’, not worth $500 million and investors should avoid its IPO, an analyst has warned
Arjun Kharpal | @ArjunKharpal
Mon, 23 Jan '17 | 4:35 AM ET
http://www.cnbc.com/2017/01/23/snapchat-is-total-junk-and-investors-should-avoid-ipo-analyst.html
View attachment 174737
Watch the chart and reread what I wrote. After a quick run to almost $30 we went down 40% to below $18 in about 3.5 months. That's more than 10% a month, unfortunatelly a loss, not a profit.
The whole operation was to sell expensive and buy back cheap.
Facebook just copied an important (the most important) feature "Stories" from Snapchat and has already more users for it then Snapchat.
PS:You can also read posting 8 from me.
Right again. That happens a lot. REally.Value of the stock is like the service, here today, gone in a few seconds.
"We were wrong."

Snapsh.t is REALLY WORTH something? LOL!