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re: SNAP INC

Posted on 3/2/17 at 11:58 am to
Posted by usc6158
Member since Feb 2008
35431 posts
Posted on 3/2/17 at 11:58 am to
The bankers undervalued and only put out a limited supply of shares to make sure it popped on day 1.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 3/2/17 at 12:06 pm to
snapchat current valuation at $25+ is making Tesla look cheap, tesla is a hair higher valuation and considering the annual car market is on the order of 100 million vehicles and tesla is currently selling around 100k cars the room for growth is significantly more than whatever snapchat could possibly blossom into
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