SNAP:US? - Page 2
Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15

Thread: SNAP:US?

  1. #11
    Senior Member
    Join Date
    Nov 2012
    Location
    Pacific
    Posts
    7,418
    I think we're in a stock mania phase. There can be huge (short term) games during times like this. Shiller PE above 29.

    Notice, also, that google finance has been unresponsive in recent days and they occasionally replace their flash charts with static images to reduce the load on their server. The public is just hammering away with stock enthusiasm. Amazing to see that just 9 years is enough to make people forget about incredible pain and consequences of greed. I love seeing these cycles.


  2. #12
    Senior Member
    Join Date
    Mar 2016
    Posts
    149
    Quote Originally Posted by james4beach View Post
    I think we're in a stock mania phase. There can be huge (short term) games during times like this. Shiller PE above 29.

    Notice, also, that google finance has been unresponsive in recent days and they occasionally replace their flash charts with static images to reduce the load on their server. The public is just hammering away with stock enthusiasm. Amazing to see that just 9 years is enough to make people forget about incredible pain and consequences of greed. I love seeing these cycles.
    ill be there with cash to pick up the pieces

  3. #13
    Senior Member
    Join Date
    Jan 2011
    Posts
    1,462
    ...i think there are some true words spoken above ^^^ ....

  4. Remove Advertisements
    CanadianMoneyForum.com
    Advertisements
     

  5. #14
    Junior Member
    Join Date
    Mar 2015
    Posts
    24
    I am considering shorting the stock. I think that is a much safer play. Snap doesn't have the advertising base that Facebook has and no clear way of making money. They also compete directly with Instagram which has much more positive momentum and much deeper pockets. I'd be surprised if Snap doesn't eventually get picked up by another company for a tiny fraction of the current price. It might take a year though.

  6. #15
    Senior Member
    Join Date
    Nov 2015
    Posts
    319
    Anyone take a flyer on some puts to short this thing?


Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •