EB Forum

Anyone following or investing in any cannabis companies?

what's everyone's opinion on SNAP INC ipo coming up ?

Creation88 wrote:what's everyone's opinion on SNAP INC ipo coming up ?

I think Snapchat goes the way of Myspace within 2 years.

"Since the initial 20,000 unit March production run of Easy Grinder™ is sold out, equating to over $1,000,000 in gross revenues, the new order for Europe will be fulfilled from the second run scheduled for June. The second run, planned for over 20,000 units will probably also be sold out, meaning its gross revenues will exceed $1,000,000, positively impacting results of the July-September quarter."

http://www.crossroadstoday.com/story/34 ... nto-europe

As of today, the stock has more than doubled since the experts here were tripping over themselves to dismiss the Easy Grinder concept. Kewl brah, load another binger

p.s. - now would be an excellent time to put stops on all your active trades, or learn how to do so if you don't know. The sooner, the better.

underwriters under priced the fudge outta that snapchat IPO to ride those first day gains baby!

mattkardish wrote:underwriters under priced the fudge outta that snapchat IPO to ride those first day gains baby!

Fidelity was offering it at $24 on the open with what looks like a finish around $24.50.
High today got to $26.05...

o4phish20o wrote:

mattkardish wrote:underwriters under priced the fudge outta that snapchat IPO to ride those first day gains baby!

Fidelity was offering it at $24 on the open with what looks like a finish around $24.50.
High today got to $26.05...

Is it time to short it? This company is as fad as a fad can get. It's gonna be worthless in a couple of years.

xangelx wrote:

o4phish20o wrote:

mattkardish wrote:underwriters under priced the fudge outta that snapchat IPO to ride those first day gains baby!

Fidelity was offering it at $24 on the open with what looks like a finish around $24.50.
High today got to $26.05...

Is it time to short it? This company is as fad as a fad can get. It's gonna be worthless in a couple of years.

Really depends.. personally I don't think it can survive on its own.
BUT if FB or someone were to go out and buy it.. who knows.
I have to imagine people are buying as though that's going to happen.

o4phish20o wrote:

xangelx wrote:

o4phish20o wrote:

mattkardish wrote:underwriters under priced the fudge outta that snapchat IPO to ride those first day gains baby!

Fidelity was offering it at $24 on the open with what looks like a finish around $24.50.
High today got to $26.05...

Is it time to short it? This company is as fad as a fad can get. It's gonna be worthless in a couple of years.

Really depends.. personally I don't think it can survive on its own.
BUT if FB or someone were to go out and buy it.. who knows.
I have to imagine people are buying as though that's going to happen.

Yeah that's really the only thing that could give it any value. The kids using the service will move on to the next thing shortly, they are already experiencing slowing user growth. Although I could see FB just waiting it out and demolishing them via updates to FB and Instagram then picking it up for nickel.

If snapchat was going to sell I think they would have done it already. They turned down an offer from facebook last year? or was it 2015? So they are going to ride that thing into the ground.

Anybody got any thoughts on how to play NVDA? It took a dive today but has bounced back after the last couple drops like this.

i was talkin about Snap, not Snapchat. it was priced at $17, no? finished at $24? that sounds a lot like 40% to me

mattkardish wrote:i was talkin about Snap, not Snapchat. it was priced at $17, no? finished at $24? that sounds a lot like 40% to me

SNAP Inc = Snapchat
Typical investor couldn't buy in at $17.. it was first offered at $24 to Fidelity customers.
Today it ended sitting at just over $27.

What are peoples thoughts on CAT?
Is this investigation going to hurt them long term or is now a good dip ($90-ish range) to buy before the infrastructure projects all start here in the states?

i would think that would already be built into the price of the stock. it's near its max looking at the 1y and 2y. wouldn't necessarily call $5/share a dip. what infrastructure projects do they have in the pipeline?

mattkardish wrote:i would think that would already be built into the price of the stock. it's near its max looking at the 1y and 2y. wouldn't necessarily call $5/share a dip. what infrastructure projects do they have in the pipeline?

They're gonna build the wall baby! Maybe?