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  1. #21  
    Moderator RobJohnson's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    The owner of messaging app Snapchat is not profitable and
    has warned it may never be.


    LINK
    Snap was a popular novelty during the past couple years, but most people I know have either never used it, or became tired of the silly "dog ear" pictures.
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  2. #22  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Quote Originally Posted by RobJohnson View Post
    Snap was a popular novelty during the past couple years, but most people I know have either never used it, or became tired of the silly "dog ear" pictures.
    I've never used it, I think I have it on my iPhone.

    I think the fact that all the stock is non-voting is really
    going to hurt them. It wouldn't surprise me if they are
    force to change that.
    May the FORCE be with you!
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  3. #23  
    Moderator RobJohnson's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    I've never used it, I think I have it on my iPhone.

    I think the fact that all the stock is non-voting is really
    going to hurt them. It wouldn't surprise me if they are
    force to change that.
    Unlike other forms of social media, apps, etc I don't think that Snap sells advertising.

    I think their CEO should of sold it to Facebook when he had the chance, as it's novelty is wearing off.

    I recently added it to my iPhone after a friend of mine was playing around with it while we were out running around the other day. It was fun for about three minutes, lol

    If it drops to under $10 a share, I might be interested. Not sure.
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  4. #24  
    Ancient Fire Breather Retread's Avatar
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    There is a discussion about not allowing any company that only issues non-voting stock to be included in any index such as S&P or any other similar.
    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.
    . If you ain't havin' fun, it's your own damn fault
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  5. #25  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Quote Originally Posted by Retread View Post
    There is a discussion about not allowing any company that only issues non-voting stock to be included in any index such as S&P or any other similar.
    Yes, I have read that also. If you were buying for the long
    term I would have a big problem with their current model.

    It's up 1.81 as of right now.
    $23.25
    May the FORCE be with you!
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  6. #26  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Quote Originally Posted by RobJohnson View Post
    I think their CEO should of sold it to Facebook when he had the chance, as it's novelty is wearing off.
    Agreed.
    May the FORCE be with you!
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  7. #27  
    Moderator RobJohnson's Avatar
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  8. #28  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Quote Originally Posted by RobJohnson View Post

    He probably paid 30 a share too!!! What a moron!!!
    May the FORCE be with you!
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  9. #29  
    Moderator RobJohnson's Avatar
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    Quote Originally Posted by SarasotaRepub View Post
    He probably paid 30 a share too!!! What a moron!!!
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  10. #30  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Man! Almost down to 19!!!!
    May the FORCE be with you!
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