Well Sup Forums, is this going to be a bust or the biggest thing since Google? Shares start at $14 to $16, will you be investing? Or is this just a pathetic attempt by SNAP Inc.?
Personally, I think there's potential.
Jeremiah Morales
>company has no plans to be profitable in the foreseeable future
yeah, that's a real quality investment
Gabriel Cruz
user engagement is soaring year after year, can you truly say there's no room for profit there?
Tyler Rogers
>CEO literally told the userbase to not invest and that Snapchat isn't profitable and probably never will be.
Yepp shitload of potential
Wyatt Rivera
investing that on that pile of crap is like shooting yourself in the foot unless you auto sell it like a millisecond after the stocks come out
Wyatt Wilson
>we made a billion dollars this year! >our operating budget was only 2 billion dollars!
Chase Campbell
Works for Amazon and Facebook.
It's the dirty little secret of stocks - income does not matter, only valuation and valuation depends on fait, if you and 1.000.000 other investors believe the company is worth 100 billion $ it is worth 100 billion $.
Brandon Murphy
snapchat is a money pit, and it will never turn a profit. their IPO will scam money from retards and give it to the scammers running this shitshow
Bentley Parker
i don't agree. i think it has long term worth. user engagement is on snapchat is better than facebook and twitter, there's money to be made there. Ads and such. I feel realistically a $14 share could get up to $200 in a few years
Blake Davis
>snapchat is a money pit >it will never turn a profit what did he mean by this?
Zachary Davis
>I feel realistically a $14 share could get up to $200 in a few years jej you're smoking some dank shit, their userbase is teenagers and they'll just change to something else once it gets old and they get bored like they did with facabook which is the reason why there isn't any user engagement on FB anymore to begin with....
Dylan Myers
Absolutely I will be investing in this.
When everyone says "DON'T!!" thats a key indicator that you SHOULD.
They said the same thing about Google, Ford, etc.
Eli Kelly
>you truly say there's no room for profit there they said it.
Aiden Cox
how is some shitty app that makes no money worth $22B?
Daniel Campbell
About as useful as buying stock in yahoo
Colton Carter
Expectations. Investors don't understand tech. Hype. People think a big user base = great company. It why I avoid these hyped up tech companies. Most have people who run them that have tech experience but zero to no business experience.
t. Finance and IT guy
Jack Sullivan
It's like people don't remember the dot com bubble
Jeremiah White
Mark Cuban made billions off of that one familia
Hudson Green
>Personally, I think there's potential. potential how? it's a fucking selfie company that has nothing going on besides retards taking shit selfies or pictures of their junk. The dumb glasses was like a good idea for like 5 minutes.
Angel Brooks
Ready for another Twitter?
Evan Bell
Will be as great as Facebook's IPO. Oh wait...
David Hughes
Very good article
Chase Bell
Snapchat's stock will be the new $TWTR. First major hype and then it fades by time.
Gabriel Parker
...
Jackson Russell
Facebook actually had/has a great company focus. Every company has a Facebook page now and is a pretty good way for people to find out about new companies and new products.
Because of this worth to companies, Facebook has market worth. Snapchat has no such worth.
Lincoln Jones
>Works for Amazon and Facebook. Don't forget Twitter. A large userbase is a guarantee for profits in the future.
Jaxson Walker
Amazon actually sells things though
like actual things
Carter Sullivan
fb can be replaced in no time. just as long as dumbfucks keep using it, it wont die.
Ryder Rogers
Facebook has a greater entrenchment than you think, just not as great an entrenchment as investors think.
Zachary Powell
i installed it once. couldnt figure out why i need it and then uninstalled
i use whatsapp tho cuz windows phone. i dont install no fb or messenger (yes i know who owns whatsapp)
id rather just email ppl desu but fuck no one checks that
or maybe icq
sucks that facebook is the new email and icq
Jose Cooper
And that is literally the definition of a bubble.
Dot.com crash 2.0 in the making.
Grayson Johnson
>if investors believe the company is worth 100 billion $ it is worth 100 billion $.
This is the way the entire world works. Truth doesn't matter, it's what people believe to be true that does.
Hunter Collins
>buying stock in company that says it may never turn a profit
Julian Gutierrez
its like the 90s internet bubble all over again
Colton Collins
Literally one big Ponzi scheme. Investors will buy up Snapchat stock because they know 6 months later some other suckers will buy it off them for a bit more. When the music stops, the sucker with the hot potato loses.