Snap stock growth potential
Snap stock currently is about a tenth of the value it was at its peak. Where do you see the stock price go in next 3 years when we're back in the bull market? Or is it doomed because of TikTok?
Are the ones voting $0-10 trolling or venting frustration or actually being serious? It's $8.5 so why won't it even go above $10 in 3 years when the market would be shooting for the moon again?
I don’t think it’s a fair argument. Just thinking about the stock price. You need to look at the fundamentals. Check carvana, for example. It was in 200s and now less than 10.
Sorry I didn't mean that. Not just looking at the price, but I feel it's a strong and innovative company and not dead already. But looks like many believe it's dead or maybe dying a slow death.
Tell me where you want it to be and I’ll make it happen
Please wait few more days. I need to move my money from HYSA to my trading account. I will let you know when its done.
Ok sounds good. I’ll hold off on the trigger until I get your snap
What's Snap's business case? How're they going to make money?
You don’t understand scale. Use $50 to buy 10 tomato plants. In 6 months you have 250 tomatoes. Plant those into 250 plants.6 months you have 6,250 plants. Plant them. 6 months you have 156k tomatoes. Plant them. 6 mo you have 3.9MM tomatoes. Sell them for $1 each.
What's Snap's tomato? Who said that anyone is paying even .01¢ for those tomatoes? There's no tomato.
🫰 To the 🚀 🌚
AR shopping feels like the only path to success for Snap at this point and I don't believe in AR so I don't see it going far above 10. I don't see any future in profitability from their messaging, maps, discover, or spotlight
Snap is dead. And the idiots in the management killed it. CEO 's long term vision was sexting, and he filled the company with Amazon executives and managers, who had no vision whatsoever - except adopting PIP. They're already jumping ship - and If you're not already looking for a new job, you'll deserve $0 for a stock price for Snap soon enough...
They’ve had an extremely long time to monetize and haven’t been able to pull it off
cope