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re: SNAP INC

Posted on 3/2/17 at 12:59 pm to
Posted by BilJ
Member since Sep 2003
158819 posts
Posted on 3/2/17 at 12:59 pm to
LULZ

quote:

purchase... if they're among the traders that have snapped up shares of Snap Interactive Inc. today.

Snap Interactive, ticker STVI, is up 18% at the moment. The problem is, Snap Interactive is not Snap Inc. It doesn't own Snapchat. And it isn't debuting on the New York Stock Exchange.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66493 posts
Posted on 3/2/17 at 1:01 pm to
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/2/17 at 1:06 pm to
idiots. Those are the traders who bag hold your realized gains

Not even doing a smidgen of due diligence to make sure you're buying the right ticker
Posted by barry
Location, Location, Location
Member since Aug 2006
50377 posts
Posted on 3/2/17 at 1:13 pm to
quote:

purchase... if they're among the traders that have snapped up shares of Snap Interactive Inc. today.

Snap Interactive, ticker STVI, is up 18% at the moment. The problem is, Snap Interactive is not Snap Inc. It doesn't own Snapchat. And it isn't debuting on the New York Stock Exchange


If i remember correctly there is actually some traders who buy similarly named stocks when IPO's debut for this very reason
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