SNAP hitting public markets tomorrow.

ByGary Kaltbaum March 1, 2017

SNAP loses lots of money. Business has been slowing. If this was a pipe company, it would be coming public at 1/4 of the price but it is not a pipe company. Valuation is out there but emotion is emotion and price is price. We shall see tomorrow.

SOURCE: http://www.foxbusiness.com/markets/2017/03/01/snap-to-price-long-awaited-ipo-amid-signs-brisk-demand.html

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Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), a registered investment advisor with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

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