If you have ever used Snapchat's social media platform, you would know that all of their ads are clickbait and do not amount to any sales. Vloggers use Snapchat to gain followers then move followers to other platforms such as Instagram, where they can sell merchandise.
a
For people with conservative portfolios and little to invest: DO NOT get caught in what some liars and manipulators are saying in this forum. You decide to stay or sell, but here is some info to consider:
=> Negative earnings momentum in place and strong competition from Youtube,, Instagram and Tiktok on short stories. Q3 very affected by Apple new data privacy and this is not over, Q4 and Q1 2022 will be affected. In addition, According to management, it seems Google will follow Apple steps in data privacy measures. Expensive @ PE 80x 2022/ 82x EV/Ebitda & -10% ROIC! For a growth co, that is decelerating. => A lot of insider selling even after Q3
t
Just notice how well snap stood its ground with Friday's market pull back. Cresting nice today as a well. Shorts just haven't caught a break walking down the up escalator since $7.
#snapwins
R
Still here wondering where all the Goldman Sachs, JPM & Oppenheimer spam is with those $100+ analyst PTs... what kind of research were these analysts doing?
s
They had some interesting insights about SNAP on (http://financialdeals.tech). Definitely made me think twice about the company.
W
Just read another positive review on Snap from Morgan Stanley. Looks like smart money buying more shares to strategically prepare for 2022
A
It appears $SNAP came out with their own token recently. As a company that has their own avatars (bitmojis), their own AR glasses (Spectacles), their own gaming platform (Snapchat app) and now their own token, it’s hard to ignore the setup for the #metaverse
W
Nov 26 2021 👀👍 Jefferies Group article - "We believe SNAP may be one of the best positioned virtual platforms in the development of the Metaverse. In order to better understand SNAP's leadership position, we examine the significance of four key product areas; 1) the camera and augmented reality, 2) virtual avatars, 3) the Snap Map, and 4) hardware."
P
Glad I got out at $83.34 on the nose. After getting in at $7.89. Over 250,000 shares. Just thought something wasn't quite right with this. Trust your instincts peeps.
m
I have been buying since IPO it’s volatile but it always goes up in the end because FB and Snap everyone use it
K
Building a nice support here, Santa rally coming after one brief dip over the next week
J
Careful. Many users in this chat missed shorting this in the $80s and now think shorting it here is smart. They keep manipulating the information to push the stock down. So careful. I advise you to ignore these guys
S
Have been watching - most selling seems programmed every 10 minutes. Some large institution selling several million shares. Probably a single one. Hope it is not insiders. Stock will stabilize only after this seller is done
K
Don’t worry snap longs……Peter provided all sorts of reason why snap was correctly valued at $80/share, and that it would climb higher. Too funny.
N
Cathie Wood, the founder and CEO of $75 billion asset manager Ark Invest, is one of Wall Street’s most influential investors due to her stock-picking power and her company’s impressive returns, keep buying SNAP on the dip
R
Had bought 100 shares last week at the 2nd dip to low $50s. Just bought 5 calls and another 100 shares today at $49 area. I appreciate the panic selling and the shorts but now....kindly step aside and cover. Time to sell these shares i found thrown on the floor back to investors for higher premiums.
s
snap is a big hold rn, 30% discount. long term hold
W
Just read an informative article on which stock to buy Facebook or snap and the author stated that snap is a better buy Google it
W
Today - Morgan Stanley continues: "Stepping back (once SNAP has navigated through IDFA)," it's bullish on "the fastest growing ad platform in our group at a 40% '21-'24 CAGR and see its engagement translating into multi-year monetization." It has an Overweight rating and $65 price target (implying 31% upside from Wednesday's close)."
J
When it broke below the $52 support last Friday I expected it to go lower. Not this low though. Nothing to do here except hold and wait
DO NOT get caught in what some liars and manipulators are saying in this forum.
You decide to stay or sell, but here is some info to consider:
=> Negative earnings momentum in place and strong competition from Youtube,, Instagram and Tiktok on short stories. Q3 very affected by Apple new data privacy and this is not over, Q4 and Q1 2022 will be affected. In addition, According to management, it seems Google will follow Apple steps in data privacy measures.
Expensive @ PE 80x 2022/ 82x EV/Ebitda & -10% ROIC! For a growth co, that is decelerating.
=> A lot of insider selling even after Q3
#snapwins
Looks like smart money buying more shares to strategically prepare for 2022
Jefferies Group article -
"We believe SNAP may be one of the best positioned virtual platforms in the development of the Metaverse. In order to better understand SNAP's leadership position, we examine the significance of four key product areas; 1) the camera and augmented reality, 2) virtual avatars, 3) the Snap Map, and 4) hardware."
Too funny.
"Stepping back (once SNAP has navigated through IDFA)," it's bullish on "the fastest growing ad platform in our group at a 40% '21-'24 CAGR and see its engagement translating into multi-year monetization." It has an Overweight rating and $65 price target (implying 31% upside from Wednesday's close)."