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SNAP - Snap Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, Feb 9, 2017.

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  1. blypelako

    blypelako Active Member

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    Quite a hefty dip from the IPO price. Look like the bottom is behind us for now.
     
  2. StockJock-e

    StockJock-e Brew Master
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    Single digits too far off or do you think we see that?
     
  3. fireopal

    fireopal Well-Known Member

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    was kinda hopeful for more of a play here with ER due
     
  4. Rock Sexton

    Rock Sexton Meat Popsicle

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    782 million shares are eligible to be sold on the last insider lockup expiration (8/14). If Q2 earnings are bad (today after the bell), there's going to be one more plunge down from shortsellers ..... followed by panicking insiders/employees on the 14th.
     
  5. StockJock-e

    StockJock-e Brew Master
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    Ooh, that is going to hurt!
     
  6. Rock Sexton

    Rock Sexton Meat Popsicle

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    It'll be much harder to move the stock anywhere near previous IPO levels with that amount of shares potentially hitting the market. The total float would be like 1.1 billion. People better get used to seeing this name in the teens.

    From a chart/technical perspective, I would already be trying to trade this for a bounce (based on weekly signals) ....... alas it's too risky given the earnings and lockup expiration so close.
     
  7. Rock Sexton

    Rock Sexton Meat Popsicle

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    Massive miss ..... stock hit an after-hours low of $11.57.
     
  8. Wolfy

    Wolfy Active Member

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    short this to the single digit..
    an app built based on a pervert's desire.
     
  9. Rock Sexton

    Rock Sexton Meat Popsicle

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    Hahahaha "pervert's desire" ..... so true.
     
  10. StockJock-e

    StockJock-e Brew Master
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    Snap misses across the board for Q2 earnings, stock gets whacked
    Business Insider - 4 hours ago
    Snapchat maker Snap Inc. missed Wall Street's expectations for its second quarter as a public company, sending its stock diving more than 16% in after-hours trading to an all-time low.
     
  11. StockJock-e

    StockJock-e Brew Master
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    Geez.. was this ever the short of the month!

    Another -13%
     
  12. StockJock-e

    StockJock-e Brew Master
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    So Gavin the CEO slammed analysts on the conference call, which pisses them all off and makes them slam the stock?

    nice! :D
     
  13. StockJock-e

    StockJock-e Brew Master
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    Broke August lows!
     
  14. Charles Noble

    Charles Noble Well-Known Member

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    At this point in Snap's devolution, there simply is no justification in paying any price above $8 per share. None. And $8 is generous.
     
    Jack Levy and fidelgeorge like this.
  15. fireopal

    fireopal Well-Known Member

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    Nice bounce this morning
     
  16. StockJock-e

    StockJock-e Brew Master
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    Will be short lived IMO
     
  17. StockJock-e

    StockJock-e Brew Master
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  18. Rock Sexton

    Rock Sexton Meat Popsicle

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    The bottom is in for now and the last of the insider lockup is being absorbed.

    A range of 11.28 to the 15.60 is established until next earnings. The HVN (high volume node) is a developing point of control with the most active price at 13.70.

    SNAP.JPG
     
    #118 Rock Sexton, Aug 14, 2017
    Last edited: Aug 14, 2017
  19. StockJock-e

    StockJock-e Brew Master
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    Back over 13 now?
     
  20. Rock Sexton

    Rock Sexton Meat Popsicle

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    Morbidly curious - how do you arrive at $8?
     

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