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re: SNAP INC

Posted on 3/2/17 at 6:09 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10241 posts
Posted on 3/2/17 at 6:09 pm to
No, they said $20.25 and I knew the IPO was $17.00. But they also said only 300 shares. I figured they agreed to buy some at maybe $19 from one of their customers and wanted to turn it, or at least lock in some profit. I guess that's legal. I don't know.

I made some pocket change. Then this afternoon I found out how much I have to pay the state of Iowa and the Dept. of Treasury. And I'm not even angry, I'm just exhausted, and understand I'm a small time guy who has had to scratch for every bit of financial success I've ever had, and small time guys tend to get screwed on taxes and by large financial institutions. Maybe not screwed, but the uber rich get richer, and they don't let you in that club very easily. So they threw me a $550 bone today. Big whoop.

It will all look different tomorrow, and I'll be back to positive, but there are some days that I have no idea why I work as hard as I do, and I wonder if it's worth it.

There was a lot of money made today on SNAP, and I should probably be grateful I got thrown a bone, but I'm pretty burnt out between taxes and E Trade's crap right now.
Posted by HYDRebs
Houston
Member since Sep 2014
1243 posts
Posted on 3/3/17 at 9:41 am to
That was a fun and easy 10%> gain over the last 2 days.
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