Page 5 of 5 FirstFirst ... 345
Results 41 to 49 of 49
  1. #41  
    Moderator RobJohnson's Avatar
    Join Date
    Apr 2006
    Location
    Southern Nevada
    Posts
    25,493
    Quote Originally Posted by SarasotaRepub View Post
    I never renewed it, this stock is too unstable.

    Don't blame you.

    http://wpmedia.ca/2017/03/snapchat-is-dead/
    Reply With Quote  
     

  2. #42  
    Ancient Fire Breather Retread's Avatar
    Join Date
    Dec 2011
    Location
    I came to Texas as soon as I could
    Posts
    14,161
    Quote Originally Posted by SarasotaRepub View Post
    I never renewed it, this stock is too unstable.
    ^^^^^got that right.

    I have been following Fitbit as it falls off the cliff. I ducked that faster than a frog from a water snake. From 15 to 5 in a little over 5 months.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
    Reply With Quote  
     

  3. #43  
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    FL & MO
    Posts
    51,076
    Quote Originally Posted by Retread View Post
    ^^^^^got that right.

    I have been following Fitbit as it falls off the cliff. I ducked that faster than a frog from a water snake. From 15 to 5 in a little over 5 months.

    I bought Fitbit at 40, rode it to 48 and then bailed. I've been
    tempted to get it again but have not.
    May the FORCE be with you!
    Reply With Quote  
     

  4. #44  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
    Join Date
    Apr 2009
    Location
    oklahoma
    Posts
    51,116
    Quote Originally Posted by SarasotaRepub View Post
    I never renewed it, this stock is too unstable.
    Wait until it's 4.90.
    Pffffffffffffffffffffff! Buh Bye Big Ears
    http://i.imgur.com/FHvkMSE.jpg
    Reply With Quote  
     

  5. #45  
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    FL & MO
    Posts
    51,076
    Quote Originally Posted by RobJohnson View Post

    Huge and Recurring Losses

    Snapchat has been suffering from significant losses now and does not believe that it will ever be profitable. This is not just an analysis but a self-admission portraying the ground realities. So, how can a company have 515 million in losses and still be worth 25 Billion?
    Their Spectacles are cool but when you read the above, why would you
    buy the stock except as a quick in/out???
    May the FORCE be with you!
    Reply With Quote  
     

  6. #46  
    Ancient Fire Breather Retread's Avatar
    Join Date
    Dec 2011
    Location
    I came to Texas as soon as I could
    Posts
    14,161
    Quote Originally Posted by SarasotaRepub View Post
    I bought Fitbit at 40, rode it to 48 and then bailed. I've been
    tempted to get it again but have not.
    Not at least until a buyout is rumored.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
    Reply With Quote  
     

  7. #47  
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    FL & MO
    Posts
    51,076
    Quote Originally Posted by Retread View Post
    Not at least until a buyout is rumored.
    Well of course!!!
    May the FORCE be with you!
    Reply With Quote  
     

  8. #48  
    Moderator RobJohnson's Avatar
    Join Date
    Apr 2006
    Location
    Southern Nevada
    Posts
    25,493
    Quote Originally Posted by Retread View Post
    Not at least until a buyout is rumored.
    You never know.
    Reply With Quote  
     

  9. #49 Former Snap, Inc. Employee Says Company's "Valuation Is Built On a House of Cards" 
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    FL & MO
    Posts
    51,076
    April 05, 2017, 11:00:00 AM EDT
    By Evan Niu, CFA, Motley Fool


    Just two months before Snap (NYSE: SNAP) went public, former employee Anthony Pompliano filed suit against the company and alleged that Snap was misrepresenting various operating metrics. Pompliano had been poached from Facebook over a year prior to head up Snap's growth efforts, only to be let go after less than a month. The ex-employee believes he was hired specifically so that Snap could obtain confidential information, not for the stated reason of leading the company's growth ambitions.


    Business Insider reports that Snap is now trying to bring the case back to private arbitration while sealing the lawsuit, hiding it from public view. Snap maintains that these are little more than the ramblings of a "disgruntled former employee" and that Pompliano is effectively making the whole thing up. BI caught a glimpse of documents that Pompliano's lawyers filed yesterday evening, which include some pretty harsh allegations.
    May the FORCE be with you!
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •