Boiler Room: The Official Stock Market Discussion

humminbird

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just saw snap
absolutely insane that it wiped out the gains for the past 3 years.
$12 was like it's price for a long time before 2020 happened.
might buy more to add to my position but not sure since I really don't know what their business plan is.
 

dora_da_destroyer

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copped some shares last friday - ABNB, DIS, MSFT, CRM, VTI, ADBE, SMH, QCOM...

GOOG, MARA, and SOFI on my list for when we bottom, need to get more BA - they keep getting in their own way but I'm not betting against their involvement with defense

gonna sell out of UBER - the shares I have left are house money, pulled my investment + some profit when it got into the $50's last year, just trying to see if we get a few green days to get this above 25
 

BlaxOps

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MiYaYo (Carol City)
just saw snap
absolutely insane that it wiped out the gains for the past 3 years.
$12 was like it's price for a long time before 2020 happened.
might buy more to add to my position but not sure since I really don't know what their business plan is.
With tiktok's success, why do you still have faith in their business model?
 

BlaxOps

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MiYaYo (Carol City)

humminbird

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With tiktok's success, why do you still have faith in their business model?
i don't i just got it cheap so i never left.
that's what I'm saying i don't know what their model is really
they have a steady userbase but it's hard to tell if they'll keep the new generation of kids on the app.
i don't hear snapchat ads being used heavily like google and facebook.
they don't really create content so what is their money maker?
 

Spidey Man

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winb83

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just saw snap
absolutely insane that it wiped out the gains for the past 3 years.
$12 was like it's price for a long time before 2020 happened.
might buy more to add to my position but not sure since I really don't know what their business plan is.
Joseph Carlson talk about them here. I don't think I've ever heard him go off on a company like that. They're basically just pocketing investors money and diluting them to keep doing it.
 
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