InvestorsHub Logo
Replies to #4155 on Snap Inc (SNAP)
icon url

GoldenMind

10/30/18 6:45 PM

#4156 RE: nssrr5 #4155

Adding more tomorrow. Again. And again. And again.
icon url

fromtheuk

10/30/18 7:55 PM

#4159 RE: nssrr5 #4155

On $5.80 as the short term low, i think I agree

On the High, yet to be astablished. $7.70 i think too high, but we will see.

I think we can agree on the below.

Prior to earnings, the SP dropped as poor results were anticipated
At earnings bottomline results were in line, however future growth was in doubt as membership was falling.
New hires into senior postitions are a hope to turn the ship around (yet to be proved)
There is no expectation for improved results in the short term (Q4 / Q1)
Once range is established, a trend Up / Down will be temporary until confirmed by future guidance.

And one we wont agree.

Snaps blatent abuse of intellectual property will seriously impact the company in 2019.