Getting info that Snowflake is going on an acquisition spree for AI startups and is heavily hiring to prepare itself for an AI revolution. Have been loading up on the stock but short term seems to be sliding down. Heard from some insiders that the new CEO is being measured by the board to double stock price by end of 2023. Any opinions??
I heard the opposite. They might not survive the next leg down.
Eh.. snow doesnât seem special
Theyâre good at selling FUD and Kool-aid. But yes, Iâm holding their stock too.
Acquiring companies is one thing. Effectively integrating them is an entirely different ball game.
Ask Yahoo!
Someone called us ?
Usually the company doing the buying has to overpay. That causes stock prices to fall.
Ahh it's great. Board and VCs expecting their favorite magic trick. Pull $$$ out of their @ss
How much loss are you in that you have to pump the stock on blind?
Source: trust me bruh
Seems everyone hurry to grab the AI market
Interesting
Sounds good to me, go $SNOW
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