Should I buy Snap, Inc. stock?
Their IPO values them in the billions plus
>>1805459
Are you too young to remember twitter and facebook ipo?
No wait for it to crash in 2 weeks and buy it then if you're going to buy it at all I mean look at Twitter stock that'll be Snapchat
>>1805459
meme platform, untenable business model, short term gains with no foreseeable method of maintaining a hegemony from other """"disruptive"""" upstarts if something were to happen.
short it and screencap this. You can personally come shit on my chest if they don't start tanking by their 4th quarter.
>>1805459
If you have teenage children you can buy them some Snapchat stock for their birthday/Christmas. It'll teach them a thing or two about American capitalism, as they will actually bother to listen to you (for once) explain how they "own" a piece of the vapid, narcissistic app they love so much.
Do not buy it as an investment. Do not even entertain the notion. It is a normie meme stock and (((Wall Street))) is going to scalp every dumb fudd who buys a stock ~every 5 years because "I really believe in this company".
Seriously better off putting that money in OCRX or some /rhg/ bioturd.
>>1805459
I'd wait 2 weeks to 6 months to see how things shake out before buying.
I think the valuation is still a little high.
>>1805459
Are today's trader really young enough not to remember tech wreck? Snap isn't going to turn profit for years, if ever.
You watch. They'll let it rise a bit then they'll snatch the rug out from under and take the cash. And it will never return to the higher IPO levels
Why can't snap be found on robinhood?
>>1805766
They haven't gone public yet.
nigga you better do some reading before you keep using that app, its gonna clean you out.
>>1805792
Thx for the warning. I haven't put anything into it yet, because I don't know shit about trading. Reading up on sec rules and watching the biz memes atm. It seems so easy to just play with a few hundred dollars on some short term trades for fun
>>1805806
You're right, I should've just googled it because the first result talks about snap going public.
>>1805810
If theres one thing I can recommend about investing, its always do your own research. There's nothing wrong with hearing about a stock for the first time from someone else, but don't buy any until you've vetted it yourself.
>>1805476
>OCRX?
IS THIS THE NEW /BIZ/ MEME?