The stock seems to following early stages on facebook as well. IPO shoot up.. Drop down slowly drain the stock. Allow the big guys to accumulate so many shares at a fraction of the price and then it goes to the moon
You are viewing a single comment's thread from:
The IPO was a classic insider pump and dump.
http://www.marketwatch.com/story/snapchat-founders-and-investors-sell-millions-of-shares-in-snap-ipo-2017-03-01
I agree like ever social media ipo.
I don't follow the stock but I think Snapchat can be a great tool for paid marketing as it offers super creative ways of engaging with customers