http://www.cnbc.com/2017/05/10/snap-earnings-report-q1-2017.html
>HAVE AN APP THAT PROVIDES UNLIMITED VIDEO STREAMING FOR FREE
>IMPOSSIBLE TO ADVERTISE ON BECAUSE THE ENTIRE POINT OF THE APP IS THAT ITS LIGHTWEIGHT AND FAST AND YOU CAN SEND/RECEIVE MESSAGES INSTANTLY
>GOING PUBLIC BEFORE YOU ESTABLISH A SOLID REVENUE STREAM
PPFFFFFFFAAHAHAHAHAHAHAHAHAHAA FUCK YOU SNAPCHAT
$2,200,000,000 LOSS IN A SINGLE QUARTER
25% DROP IN SHARES PRICE AFTER HOURS TODAY
OH MY GOD AHAHAHAHAHA PRAY FOR MY SIDES, ANONS
It's the social media bubble. Get ready for all of them to be fucked.
>>2059505
Lol what in the fuck?
hahahahaha 25% drop?
What the fuck??
Do people really still play the stock market?
why
it really isnt worth it unless you are wealthy and well off in the first place and can just shove tens of thousands into some stock
>>2059523
exactly
its just a rich kids playground and boomer club now
>>2059523
Index funds are great and historically earn well.
I know you're going to meme some sick crypto at me but you can do both. I see my 401k as a safety net for retirement (plus I get a sweet match at work) and crypto is my fun agressive money.
These assholes have almost 1.5 Billion dollars in General and Administrative expenses.
Spiegel and his Asian codemonkey are scam artists, and they took advantage of the finance industry's technology illiteracy
>>2059523
It's for people with shitloads of money to compete in trying to inch out microscopic gains.
This is like dot com 2.0
post stocks better than SNAP
I dare you.
>>2059505
I hope they die. Normies will be so pissed, it'll make my fucking month.