Snap stock outlook in 2019
Just go upgraded to a buy rating by BTIG. Wondering how much upside there is in the stock? Any risk takers think it'll go back to 17+ here? FYI i cancelled my onsite when the price was at $7 🤣🤣
$SNAP is the biggest position I have in individual stocks
Dead cat bouncing. Just because FB is not doing well doesn’t mean snap will do well lol.
I think everyone is overly excited about the product growth not being a mass exodus from Q4. However that's usually the products peak growth period for users and we stayed flat (declined a slight bit). Also to keep in mind Tik Tok wasn't a huge issue in the beginning of Q4. A majority of Tik Tok users are high schoolers and younger, which also happens to be Snapchats core user base. That being said, Snap is inching towards profitability by cutting costs. Something Wall St loves.
Hmm so lots of points at play. Do you have a positive outlook on the company for the next 2 years, or still too tough to call?
The people who interviewed when it was $7 joined when it was $5 and their initial grant is worth double now. Very good timing. I'm super jealous, but at least we got refreshers priced at $6, which is nice. It's a bit counter intuitive, but if you believe in a company you're better off joining when things are scary and the price is low than when it's high.
Now do people get annual RSU refreshers during yearly reviews? I think there is no cash bonus but please correct me if I am wrong.
I got an on-site with snap, saw the stock a day or two before the on-site, remembered it was for the snap-glasses team and then talked some sense into myself to cancel that onsite lol
Saw me w but for search ... Tbf the stock has gone up by about 50% since i pulled out