Stock of the Day
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- teh0
Hope everyone got in close to $17.00.
Snap Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters Option to Purchase Additional Common Stock.
Snap Inc. (NYSE: SNAP) today announced the closing of its public offering at $17 per share. Snap and the selling stockholders sold 230,000,000 shares of Class A common stock, including 30,000,000 shares of Class A common stock after the underwriters fully exercised their option to purchase additional Class A common stock from Snap and some of the selling stockholders at the initial public offering price, less the underwriting discount. Snap and the selling stockholders raised gross proceeds of $3.91 billion from the offering.
- teh0
- Question is, why hand over ownership to the masses? because, it's not making profit and you want to bank a few billion.fruitsalad
- True. Honestly I could care less. Just stay in the green, ride the wave.teh
- Family bought 800 shares at $21 :/ - I believe they will turn a profit or they would have never gone IPO.Hayoth
- Family?monospaced
- fruitsalad1
snap chat... being valued at $20bn. CEO age 26. damn....
- teh0
- $404.5 million revenue.
$514.6 million net loss.
Very risky to day trade.
For long term, wait 6 months for the price to settle.fruitsalad
- $404.5 million revenue.
- rabbit0
Also, Bitcoin is interesting. March 11 the ETF the Winklevoss twins are trying to open will be approved/disapproved by SEC. I don't think it will get passed, but shouldbe a lot of speculation up until this point. If it does pass, Bitcoin will go to $2500 overnight.
- But i am more bullish Ethereum. Ask my why.rabbit
- Why? Having gold in a vault is still better then BC.teh
- Bitcoin actually sux. They have major problems. ETF though would bring about $300m institutional money into BTC. Can't deny that.rabbit
- It would allow mom and pop to invest into it. I hold BTC + ETH. Heavier ETH.rabbit
- As soon as you mentioned JP Morgan I lost interest.teh
- I understand your sentiment. It just means it becomes mainstream. From an investment POV, that is a good thing.rabbit
- You will use ETH without even knowing it, so will your mom.rabbit
- Sure. Thanks for sharing.teh
- rabbit0
Ethereum (ETH)
https://www.nytimes.com/2017/02/…
https://www.coingecko.com/en/pri…
Been in since 79c. Going to $100 this year.
- I literally watched JP Morgan move money around using Ethereum in a video from their HQ Tuesday. The future of banking.rabbit
- At $17 it is highly undervalued.rabbit
- Originally was at $14.teh
- Trust me, there is massive news coming for Ethereum. Metropolis, ENS, Casper...rabbit
- < 3 second confirmation times, institutional banks moving money around using Ethereum. A whole day conference from JP Morgan HQ on tuesday, Look into it is allrabbit
- Buy at coinbase.comrabbit
- HijoDMaite0
wtf i wish I was more savvy on this stuff.
Should I be adjusting my 401k around??
- most 401k are locked in 5-10yr portfolios unless you manage it yourself and % of risk you are in.teh
- teh0
Hope to see you all on the green side of SNAP-Snapchat tomorrow!
- teh1
- teh0
- teh0
- teh1
- formed1
Banks and Oil should do well. GS is up like 30% since Trump won (after being stagnant for years).
With T appointing oil ceo's that will surely bode well for their companies. Look for less regulation, drill, drill, drill, deals with Russia, etc. All the things that Obama had shut down.
Who knows what that will do to the price of oil, though, as we are already in a glut.
Tech could hurt with his immigration crap. Auto's could suffer too, as he "forces" manufacturing in the US. Last time there was a similar effort, prices of autos went up across the board.
Infrastructure could do well. If he gets anywhere near his trillion dollar idea, it'll be great for co's involved with roads, highways, large construction, etc. But who knows, the GOP is adamantly against anything that even suggests are moving the country forward, so they might kill it (McConnell has already laughed at the idea).
Military will do well. He's gonna make it "great" and that means "money on toys". With Ivanka being a hardcore religious figure now, I'd assume that policies here would lead to more spending, possibly small scale war.
Military always does well. It's like the body builder that wants to be health, but can't brag and flex if they don't keep pumping themselves up to extremes.Alt Energy will suffer. I wouldn't buy Tesla now. Or anything associated with clean energy.
I'd be cautious about anything that would put America moving forward. Everything Trump stands for is the "old way" and anti-competitive internationally.
Personally, I really like the direction Microsoft and Google are moving in. Particularly MS. VR, cloud, integrated platforms, Linkedin acquisition, etc. Google continues to seem unstoppable.
- Trumps not a fan of silicon valley. I reckon a trade war with Opec countries is on the cards if he goes all out for fracking and does deals with crazy Ivan.monoboy
- teh0
Amazon.com Inc. (AMZN) has had talks with American Apparel LLC about possibly bidding for the retailer, which sought bankruptcy protection in November.
FULL STORY:
https://goo.gl/VliOb6
- err0
Ok I'm a child and have no idea how to buy sell stocks.
What do you guys use?
And you can't just buy and sell like they do on tv right? You have to pick stocks and leave your money in there for a while right?
- Im sure there are youtube vids all about this.CygnusZero4
- I don't trust anything on youtube
when it comes to investing.err - I use ScoTTrade, trades are $7 ea, almost 'live' ticker, trade from home. Yes, pick Blue Chips for the long haul.ghandolf
- You use a stock brokerage. Set up an account and you can buy immediately. No need to have money in there for awhile that I am aware of.monospaced
- You can buy without having any money actually. You place the order and then pay the bill once the trade order is filled, depending on how you placed it.monospaced
- e-trade. $10.00 commission so you don't want to constantly buy and sell.teh
- Only invest money that you could stand to lose.stoplying
- _niko0
is there a decent site that helps with researching stocks? maybe aggregates the top 100 expert picks or something?
something like this in fantasy football but for stocks
https://www.fantasypros.com/nfl/…every site i look at seems so scamy and shady.
- TD Ameritrade has a very good research area.BH26
- this looks perfect, I need to see if they have a Canadian version, cheers!_niko
- you can research & buy on world wide markets, just need the specific ipo code for the individual exchanges. I usually just ask in the support chat for each.BH26
- Seeking Alphateh
- pockets0
so whats your prediction for AMD stock price in 2017?
- The sky is the limit.
https://i.imgur.com/…teh - Market set a target of $13.88teh
- The sky is the limit.