In my opinion, the snapchat stock will suffer to the likes of 7-11$ during which I will be buying all the way down... Investors simply do not understand the role of snapchat in a adolescents life. I have seen it myself and this is huge!
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Ditto to this! The same as facebook from platform for the young or adolescent, it will be then the platform of an older audience.
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
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