Thinking about dropping $10k on Snapchat shares…..44% rise today wonder if they will follow the same path as Facebook and get some great gains over time.
Snapchat IPO
kiwimex on 03/03/2017 - 23:30
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Well it's a pretty new company, and there is not many indicators of which they will do well in the long run. Probably would not recommend buying large amount of shares. But small investment won't hurt eh? :)
Here's a good read with a few pros and cons.
http://thereformedbroker.com/2017/03/02/my-thoughts-on-the-s…
The odds are against you making any money on IPO. That's not a guess, that's what happens historically.
Depending the mood of the market.
In the bull market, most ipo will give you profit, if you sell on day 1. But you need to get into all ipo don't pick. In average and long run, almost guaranteed profit.If everything goes to plan which in most causes of IPO companies does not
Its a high risk market in some areas
I tend to keep low share values and take the cream off the top when profits do happen
little bits of profit / sell then move on
builds up the kitty quite nicelyIn other words, don't put all your eggs in one basket which is where I am getting at
I would not bother, full stop, absolute waste of money
these start ups last for a few years and then end up falling over
10k could be spent elsewhere in actual money making marketsYou would be almost better off betting 10k on a place in the races and do better than investing in "snapchat"
Another one of those time wasting stupid apps I have no time for
It's not a startup.
Either way
It WAS a startup company and from what I have seen, IPO shares TANK when they release a crap update or if people don't use it anymore
Myspace is a good example of a tanked IPO
I confuse, OP wants to sell or to buy?
buy
For me the question would be "should I invest in something that I'd never use myself?". Products like Snapchat and Twitter seem to me like narcissists' wet dreams. Or maybe an outlet for people who like following narcissists? The irony is that you could never post this opinion non-anonymously since then you'd risk social isolation…
Facebook has become a place where you login to see a newsfeed from all your opinionated friends who seem to have opinions on everything. Ironically it's often the quiet ones…it was probably more interesting in the pre-link-parsing days when it was dominated by narcissists and cute animal videos.
Look at the top-grossing ad-financed games in the Google Play store and you'll see a tonne of visually unimpressive, quirky Japanese games that have somehow perfectly worked out their target market. I wonder if the developers of those games would even play the games themselves.
So the moral of the story is that people are different and you can make a tonne of money from these people that I'll never truly understand.
Facebook has become a place where you login to see a newsfeed from all your opinionated friends who seem to have opinions on everything
Pot, Kettle & Black.
I consider Facebook to be a news and social media aggregate with a large online community similar to forums (amongst many other qualities), very different to Snapchat imo.
They are now capitalised higher than Twitter due to 150 million+ daily users in the young demographics, the good part.
~28 billion is a huge market value to fall from and it lost half a billion bucks last year, the bad part. It also lost more than it turned over.I think you would be better off picking value stocks early than Snapchat at it's peak. Snapchat are going to need several decades of brand loyalty to justify the current valuation.
Considering they have not made a profit ever I wouldn't do it. The user base/revenue is pretty similar to twitter that started strongly then dipped.
Shares a long term game.
you are looking at it all wrong
the winners are the ones who get in Pre-ipo
once its out on open market you are chasing your tailJust look at the fundamentals… use the app, see how other people use it…. it's basic at best.
It makes no money, though it has a user base and it's relatively popular… that's about it.
I see little value in it.
Good luck.
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https://www.vanguardinvestments.com.au/retail/ret/investment…
Don't think so mate, buy some Santos shares instead