Hmm, it seems a bit weird that an app that has instantaneous messages which disappear in moments notice will allow you to see where your friends are at any given moment of time. Assuming they will go in this direction.
Snap Slips Below IPO Price, Gets Downgraded by Morgan Stanley Bloomberg - 55 minutes ago Snap Inc. fell below its initial public offering price for the first time and was downgraded by Morgan Stanley amid concerns over competition from Instagram and the ability of Snapchat's parent to grow as fast as initially expected.
I asked all my hardcore Snapchat using friends if they ever considered spending a dime on the app. They all said no, so I stayed away.
I think the fair price for this stock would be in single digits. Anything above this is based on hype. That is! unless Trump makes a Snapchat account. In this case we can talk about current price range.
^^ ER due next week so hoping it moves even more up off this bottom so i can make my small loss back!
wow old news have really helped this stock today but it won't be for long, just wait for ER and the rest of lock-up shares to be out.
