$13? great call. $7's then $6's unless some dumb company wants to buy another dumb company out.
I have been reading ton of posts on this board, so many people keep throwing money on SNAP, there is NO REASON to own this stock until it hits $5 or less just as a gamble (liquid option)
the investment thesis going forward in this market is about to change as yields head towards 3.50%!!
stocks without dividends in tech are going to get clobbered.
stocks in general could get clobbered
the rate issue is already hitting housing
2 year note is on fire
dxy is going back to 100
AAPL and MSFT are the only two tech stocks to own in 2019 but even AAPL can stumble
regulation is coming for FB, GOOG, and possibly TWTR and AMZN
tax reform and stock buybacks are the only thing holding up these markets now.
good luck with SNAP ;)
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