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Old    Mitch (wakemitch)      Join Date: Jun 2005       03-02-2017, 9:37 AM Reply   
Who else is getting in on this today?

It is the main app that my students use. They all say instagram and facebook are for parents, haha. I think it's either going to get bigger or facebook will buy it
Old    Nacho (denverd1)      Join Date: May 2004       03-02-2017, 12:44 PM Reply   
either way, $$ to be made.

although TWTR has established itself as relevant news outlet, it's stock is just off all time lows. Other than FB, monetizing these social media fads remains a mystery. With FB doing live and vid posting, not sure they're a buyer. Unless snap is different? I obviously don't have it installed..;.
Old    Mitch (wakemitch)      Join Date: Jun 2005       03-02-2017, 1:17 PM Reply   
snapchat is pretty clever with its ads and Im hoping it starts growing with that more. They do themed filters for movie releases and stuff that those companies pay for and they have ads in their stories. Its crazy how much kids use it.
I dont use it myself though. I'm boring and stick to facebook/instagram.
Old    Ifishok™ (ifishok)      Join Date: Mar 2002       03-07-2017, 6:44 PM Reply   
And down it goes, I bought some and it looked good for 2 days, but now it's not looking good
Old    Mitch (wakemitch)      Join Date: Jun 2005       03-08-2017, 8:49 AM Reply   
it will come back up
Old    Adam Curtis (acurtis_ttu)      Join Date: May 2004       03-08-2017, 8:58 AM Reply   
fundamentals are garbage right now. it's way overvalued currently. wiat till more shares to short become available; should start to sell off. ...until then, very tradeable based on volatility, but until they post some decent earnings/guidance I'd stay away long term.
Old    Orion (chillinoj)      Join Date: May 2009       03-08-2017, 11:09 AM Reply   
Quote:
Originally Posted by acurtis_ttu View Post
fundamentals are garbage right now. it's way overvalued currently. wiat till more shares to short become available; should start to sell off. ...until then, very tradeable based on volatility, but until they post some decent earnings/guidance I'd stay away long term.
My thoughts for now and remember fb already tried to buy them for a stupid high number so not sure if buyout is their long term goal...
Old    Nacho (denverd1)      Join Date: May 2004       03-08-2017, 12:46 PM Reply   
Quote:
Originally Posted by acurtis_ttu View Post
fundamentals are garbage right now. it's way overvalued currently. wiat till more shares to short become available; should start to sell off. ...until then, very tradeable based on volatility, but until they post some decent earnings/guidance I'd stay away long term.
it just IPO'd... 28 billion of new capital makes any companies fundamentals look bad. you don't buy IPO for fundamentals
Old    Adam Curtis (acurtis_ttu)      Join Date: May 2004       03-08-2017, 2:49 PM Reply   
New capital is a good thing... Not sure how that relates to their lack of fundamentals? Their rev's and MAU growth do not support the current valuation. Agree...if your buying this now....like I said ,trade it....would not be owning it at these prices.
Old    Nacho (denverd1)      Join Date: May 2004       03-09-2017, 8:36 AM Reply   
Quote:
Originally Posted by acurtis_ttu View Post
New capital is a good thing... Not sure how that relates to their lack of fundamentals? Their rev's and MAU growth do not support the current valuation. Agree...if your buying this now....like I said ,trade it....would not be owning it at these prices.
exactly my point
Old    Adam Curtis (acurtis_ttu)      Join Date: May 2004       03-16-2017, 11:33 AM Reply   
broke down below $20 today.
Old    Mitch (wakemitch)      Join Date: Jun 2005       03-16-2017, 2:27 PM Reply   
I feel like George in the Seinfeld episode about stocks. I'm going down with the ship.
Old    "G" (grant_west)      Join Date: Jun 2005       03-16-2017, 2:46 PM Reply   
What did it sell for when it was first offerd
Old    Nacho (denverd1)      Join Date: May 2004       03-20-2017, 2:14 PM Reply   
25'ish

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